Greed, Fraud & Ignorance: A Subprime Insider’s Look at the Mortgage Collapse (Mortgage Solutions)
Greed, Fraud & Ignorance: A Subprime Insider’s Look at the Mortgage Collapse (Mortgage Solutions)
Greed, Fraud & Ignorance provides a behind-the-scenes look at how the subprime lending industry operated. Told from the perspective of an industry insider, the author, a former subprime lender, pulls the curtain back to provide a first-hand account of how brokers, lenders, Wall Street investment firms and rating agencies created the greatest real estate and mortgage debacle in our nations history. The books reveals:How nearly three out of every four subprime mortgages originated by brokers were misleading or fraudulent, and which tactics they used to trick lenders and borrowers.How the subprime industry played a major role in pushing home prices to unsustainable levels.How brokers and lenders used creative financing techniques to turn unqualified applicants into qualified borrowers.How a comprehensive solution that addresses all of the industry players is the key to fixing the mortgage industry.
Author:Richard Bitner
Paperback:
Company:LTV Media(2008)
ISBN:0981457401
List Price:
Amazon Price:$19.95
Tags: mortgage online, business mortgage, , mortgage, best credit mortgage
The procedure of buying a home can be a scary experience. There are a lot of people to deal with, from realtors to attorneys to bankers. There’s tons of paperwork with terms and vocabulary that read like a foreign language. In this new book you will find vital information and great strategies that will allow you to find your dream home faster and feel confident about the purchase. You will learn to avoid some of the most prevalent—and potentially dangerous and expensive—mistakes made by first-time home buyers. 
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