Houston Chronicle - It would apply only to subprime borrowers—typically those with poor credit ... costly and would amount to a bailout for lenders and speculators who made bad ... And it would require greater disclosure of subprime mortgage loan provisions in hopes ... Online mortgages dispel of this practice as sending information over the Internet can be done much faster and easier. So now, borrowers can stay in the know with the information that is readily available on the Internet.
