TITLE

As the Knot Unravels, A Question Lingers: Why?

AUTHOR(S)
Conrad, Lee
PUB. DATE
May 2007
SOURCE
U.S. Banker;May2007, Vol. 117 Issue 5, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article looks into several issues concerning the sub-prime mortgage market in the U.S. The reduction of the market raises the concern on the efforts of both consumers and mortgage companies to keep the growth in the market. To regulate the market, majority of lenders have imposed lending standards for subprime borrowers. Regulators also encouraged lenders to assess whether subprime borrowers can repay their adjustable loans.
ACCESSION #
24876507

 

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