Confessions of a Subprime Lender : An Insider's Tale of Greed, Fraud, and Ignorance


Richard. Bitner
Bok Engelsk 2009 · Electronic books.
Utgitt
Chichester : : Wiley, , 2009.
Omfang
1 online resource (205 p.)
Opplysninger
Description based upon print version of record.. - Confessions of a Subprime Lender: An Insider's Tale of Greed, Fraud, and Ignorance; CONTENTS; ACKNOWLEDGMENTS; INTRODUCTION; Chapter 1: Why I Bailed Out of the Industry; Chapter 2: The Gunslinging Business of Subprime Lending; Chapter 3: The Underbelly: Mortgage Brokers; Chapter 4: Making Chicken Salad Out of Chicken Shit: The Art of Creative Financing; Chapter 5: Wall Street and the Rating Agencies: Greed at Its Worst; Chapter 6: Secondary Contributors: The Fed, Consumers, Retail Lenders, Homebuilders, and Realtors; Chapter 7: How to Fix a Broken Industry; GLOSSARY; RESOURCES. - 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 c
Emner
Mortgage loans - United States
Mortgage brokers - United States.
Mortgage brokers.
Banking
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Dewey
ISBN
9780470402191

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