St. Louis Public Radio News
(2009-07-15)
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ST. LOUIS
(St. Louis Public Radio) -
There's plenty of blame to go around when it comes to foreclosures. But one point comes up again and again. In the go-go years of the housing bubble, borrowers forgot the basic rules of how to manage their money and credit. And lenders took advantage of that situation.
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As part of the KWMU series "Facing the Mortgage Crisis," Repps Hudson prepared this report on financial literacy.
Additional Information:
A blog concerning mortgage fraud
Mortgage Fraud Reporter
Federal Reserve Bank of St. Louis: Economic Research
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