The mortgage crisis

August 11, 2007

Borrowers, protect yourselves

As sub-prime mortgage casualties mount, presidential candidates, legislators and regulatory agencies are promoting reforms to help at-risk borrowers. Sen. Hillary Rodham Clinton (D-N.Y.) jumped on the bandwagon Tuesday, announcing in a campaign speech in Derry, N.H., that she would introduce legislation in September to "protect the American dream of home ownership" by "curbing mortgage abuses."