![Senator Headshot](/sites/default/files/styles/4_3_small/public/%2802-04-13%29%20Klein-HS-001.jpg?itok=l71sPrUc)
Klein Releases Report On Sub-prime Lending Crisis
Jeffrey D. Klein
May 8, 2007
![](/sites/default/files/styles/760x377/public/itn1203.jpg?itok=6rBfzeW-)
In some cases, sub-prime borrowers are drawn in by a low introductory rate, which then sharply increases within a few years, making it difficult if not impossible to keep up with monthly payments. Unless they can refinance their loan or sell the house, the borrower can lose their home.
Share this Article or Press Release
Newsroom
Go to Newsroom![Photo caption: (left to right): Mike Muziak, President of Baldor Specialty Foods, Nunzio del Greco, President and CEO of The Bronx Chamber of Commerce, Senator Jeff Klein, Larry Robinson, Chair of Youth Services for Bronx Community Board #2, and Josephine Infante, President of The Hunts Point Chamber of Commerce, host a successful interview fair.](/sites/default/files/styles/760x377/public/baldor_foods_bronx_hire_-_2.10.jpg?itok=-t_FGCX1)
Senator Klein to NFL: Tackle K2 Use
February 5, 2016
![](/sites/default/files/styles/760x377/public/ko_k2_presser.jpg?itok=JBjly_P_)
KLEIN PASSES BILL BANNING VIOLENT SEX OFFENDERS FROM FAMILY SHELTERS
February 1, 2016