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Monday, August 27, 2007

News Roundup for Aug. 27

Sen. Chuck Schumer is calling for an end to the deceptive ad practices of mortgage brokers who have contributed to the subprime crisis. And state Sen. Jeff Klein (north Bronx, Westchester) calls for mandatory education of mortgage customers before they sign on the dotted line.

Even buyers with good credit, like these folks on E. Tremont Ave., are facing mortgage difficulties.

A year after a Walton Avenue fire claimed the lives of two firefighters, family members are still awaiting an official report on what led to their deaths.


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