Posts Tagged ‘8 Years’

Can anyone tell me why lenders started making more and more subprime loans to homebuyers?

bush l asked: 15 years ago in the mortgage business, there was no such thing as a subprime loan.
8 years ago, it was a rarity….but something has happened in the last several years.
Sure we can blame the lenders, and sure we can blame the borrowers, but what are the greater market forces and events causing [...]