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'Alt-A' loans next major risk for foreclosures (Akron Beaco

 
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PostPosted: Sun Sep 21, 2008 9:10 am    Post subject: 'Alt-A' loans next major risk for foreclosures (Akron Beaco Reply with quote

For Dean Nessen, the choice of a mortgage was easy. By agreeing to pay only interest for three years, the self-employed salesman didn't have to show proof of income and landed a rate of 6.25 percent.

[url=http://us.rd.yahoo.com/dailynews/rss/search/home+loan+with+bad+credit+and+low+credit+scores/SIG=11e7f20nf/*http%3A//www.ohio.com/business/28822179.html]Read more...[/url]
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