All Posts Tagged With: "sub prime"
Falling Like Dominoes: E-Loan Next Major Bank to Get Hit By Sub-Prime Mortgage Woes
For the last few years, you could fall over backwards and get a mortgage. You could get a loan just by telling someone on a handshake what your income is without ever even proving that fact with documentation. Mortgage companies were selling people loans that amortized over 50 years and loans in which the payments [...]



