rssSubprime RIP
Thursday, October 02, 2008 at 8:51 am
- 5 Comments
Mortgage Insider tallies up the carnage among subprime lenders since the foreclosure crisis began — and it’s grim:
The list of major subprime lenders for 2006 and 2007 resembles the casualty roster from the Battle of Verdun in World War I. Only difference: way fewer walking wounded this time.
Of the 30 biggest subprime home lenders in 2006, measured by dollar volume, 22 have gone bankrupt, shut down, been sold or been seized by Uncle Sam. Most of the survivors have scaled back.
I guess the warnings all those years from the housing and consumer groups who regularly testified before the Federal Reserve were right on the mark after all. Too bad no one ever listened. The only bright spot here: It’s not like we’ll miss any of these lenders.
RIP, subprime.
And remember about the door on your way out.
5 Comments
Comment posted April 19, 2011 @ 1:21 am
While shortest prom dress and quinceanera dresses are very famous to reveal girls beauty prom dress, and are always fooling selection to many informal balls prom dresses and parties, long prom clothes is the right choice to traditional prom dresses young ladies. Many people including some parents think that a short prom dress is too exposing with exposed back or without straps Prom Dresses.
Comment posted May 2, 2011 @ 2:35 am
Air
Jordans is one of the most popular brands of shoes ever released. The
brand was created by Nike Shoes
in 1985 for arguably the best basketball player of all time, Micheal Jordan.
Since then, Air Jordans has
released a new model of their basketball kicks each year. The first release of
Air Jordan shoes (also known as ‘Cheap
Jordans’) were known as the Air
Jordan 1. The styles go numerically from 1-23 or I-XXIII and continue
with the models 2009 and
Air Jordan 2010. Micheal Jordan wore the # 23 for a good portion of his
basketball career, which was the reason why the models only go up to 23 and then
continue in a different format. There are hundreds of styles of Air
Jordan shoes, all with their own
unique design. Each model of shoe has its own story behind it. Here are some
interesting facts about each model of
Air
Jordans.
We are wholesale all kinds of
Cheap
Jordan Shoes,if you looking more
Jordan
shoes online,welcome to our shoes online store,have lots of
Cheap
Jordans for you,new styles of
Air Jordan 6,Air
Jordan 11,Air
Jordan 12,Air
Jordan 13,Air
Jordan 23,Air
Jordan 5 etc top quality
Jordans
Shoes save 70% off hot selling.
Thanks for your article! This is my point
Comment posted May 7, 2011 @ 8:26 am
christian louboutin discount
christian louboutin outlet
Type your comment here.
Comment posted June 17, 2011 @ 1:20 pm
good job,
Networking solutions || Mobile Computing || Handheld Computers
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.
