Subprime Market's Sinking Fortunes - Relocation Forum - Free Relocation Package

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02-16-2007, 02:01 PM

KansasFan

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Join Date: Jan 2007

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Subprime Market's Sinking Fortunes

Is a blowout taking shape in the impaired-credit mortgage market? Could lax underwriting standards during the housing boom years -- no verification of applicants' incomes or assets, low or no down payments, and big mortgages to people already saddled with heavy consumer debt -- finally be coming home to roost?

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Subprime Market's Sinking Fortunes

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