It’s official - the world is ending. Just kidding, but financial reports have one executive after another echoing reports of a credit crunch, irresponsible lending, real estate bubbles, and other such fire and brimstone. Personally, I’m still not worried - I’m in it for the long-term and I have no ARMs resetting anytime soon…caveat - […]

Richard Syron, Chariman and CEO of Freddie Max, discussed subprime lending with the House Committee on Financial Services yesterday and talked specifically about regulation to stem the problems that have resulted from the recent subprime lending fiasco. More interesting than his suggestions for regulation were his warnings not to overreact to the current market:
Finally, I […]