A Lesson on Exotic Mortgage Lending by Home mortgage

Tue, 03 Apr 2007 02:00:04 -0400

A Lesson on Exotic Mortgage Lending

by Home mortgage @ Tue, 03 Apr 2007 02:00:04 -0400
All of this combined to generate a proliferation of mortgage companies, all pushing exotic mortgages to get the high fees and then passing on the "hot potato"loans into MBSs on the financial market. It all worked great, especially as ...