Mortgage Meltdown

A real estate report by CNN this morning stated that housing starts are down to the lowest level in 14 years. Treasury Secretary Henry Paulson wants to license mortgage brokers, so that there will be more accountability. The report stated that 2 million families could lose their homes in the next 2 years, many of those losses directly attributable to sub-prime mortgages, and less than ethical mortgage brokers who were looking to make a quick buck.