Finance
Latest Posts
Subprime Lending is Dead; Long Live Subprime Lending?
Jul 12, 2010The lending market needs subprime mortgages. Yes, you read that right: our country, perhaps now more than ever, needs access to loan products for those with poor credit profiles. After all, more of us than ever before are now subprime credit risks. New data released today by FICO Inc. show that a whopping 25.5 percent of consumers now have a credit score of 599 or below. That’s a market of more than 43 million people, and growing every day, too—thanks to unemployment levels that appear set to remain painfully high for the next five years.
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Halfway through 2010, the Year of the Short Sale Hits Some Serious Snags
Jul 07, 2010 -
CoreLogic’s Mark Fleming: The Recovery Looks Like a “U”, Not a “W”
Jul 01, 2010 -
The Twisted Logic of Promoting Recovery by Levying Fees
Jun 30, 2010 -
The Slippery Slope of Short Sales
Jun 28, 2010 -
Avoiding the Long and Costly Walk to Foreclosures With Short Sales
Jun 25, 2010 -
Note to Dodd, Frank and Dimon: Make It Much, Much Simpler
Jun 25, 2010 -
Dollars and Cents in Mortgage Finance is Counted in Zeros and Ones
Jun 23, 2010 -
Innovation on the Title Side? Yes, There Is
Jun 22, 2010
