Moody Ely News Today

now many of the witnesses weve heard from over the course of our investigation whether its bankers or regulators or the chairman of the federal reserve has said there was no way they could have foreseen the steep nationwide decline in housing prices weve experienced. i spect we may hear more of that today, but, of course, there were warning signs. the attempts by many states to stem the tide of deceptive and predatory mortgage practices, the 2004 fbi warnings abt mortgage fraud, and mo...