If you lend someone 100% of the value of the home they're buying, what's the loan-to-value...

|By:, SA News Editor

If you lend someone 100% of the value of the home they're buying, what's the loan-to-value ratio? If you said 100%, you just don't get New Century math, says Floyd Norris - which has it at 84%. The SEC has charged New Century Financial execs with fraud.