Even low-risk borrowers facing credit distress
Wendy Lester is caught in the issue that’s worrying lenders, upsetting the credit markets and roiling Wall Street. It’s the credit problem, spreading now from the riskiest borrowers to good ones.
By the numbers, here’s her dilemma: Lester bought her house in Fort Lauderdale shortly after she was diagnosed with breast cancer in 2003. She says [...]