Confessions of a Subprime Lender. An Insider's Tale of Greed, Fraud, and Ignorance. Richard Bitner
Confessions of a Subprime Lender. An Insider's Tale of Greed, Fraud, and Ignorance
Год выпуска: 0
Автор произведения: Richard Bitner
Жанр: Недвижимость
Издательство: John Wiley & Sons Limited
isbn: 9780470405932
Краткое описание:
Former subprime lender Richard Bitner once worked in an industry that started out helping disadvantaged customers but collapsed due to greed, lack of financial control and willful ignorance. In Confessions of a Subprime Lender: An Insider's Tale of Greed, Fraud, and Ignorance, he reveals the truth about how the subprime lending business spiraled out of control, pushed home prices to unsustainable levels, and turned unqualified applicants into qualified borrowers through creative financing. Learn about the ways the mortgage industry can be fixed with his twenty suggestions for critical change.