(Yet Another) Trap for Home Buyers to Avoid

In his superb Washington Post Column, Ken Harney analyzed a little publicized settlement between the FTC and fallen Investment Bank firm Bear Stearns that has implications for the way buyers should get and handle their loans.  From the column, the complaint against Bear Stearns’ subsidiary EMC was: But the FTC’s complaint and settlement on Sept. 9 allege that EMC hit mortgage customers with unauthorized fees, …