<?xml version="1.0" encoding="UTF-8"?><item href="/pre-go-live-resources/_migration/_dev-testing/2026-08-21/magazine/spring-2009/borrower-beware-lender-beware.html" dsn="news"><pubDate/><title>Borrower Beware, Lender Beware:</title><excerpt>The contribution of subprime mortgage lending to the ongoing credit crisis has received much attention in recent months. Abusive financial practices associated with these loans allegedly led to foreclosed homes, bank failures and bailouts, and mounting public debt. Media coverage has described in detail the declining economy, but few commentators have reflected on the ethics of the situation. Christian economists can make a contribution to the discussion of subprime mortgages with both economic analysis and moral reflection. How can we apply biblical principles to identify responsible lending and responsible borrowing? What can Christians do to protect the most vulnerable members of society who suffer disproportionately during economic downturns?</excerpt><author/><image>
            
            <img src="http://blogs.westmont.edu/magazine/files/2009/07/house1.jpg" alt="house"/>
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