subprime lenders
Subprime Lenders Back in the Game, Reworking Loans
Did you ever wonder where all those subprime lenders who made big profits making predatory loans during the housing boom ended up? Think about it: What kind of resume would you have, given that you worked for a discredited company that went out of business after making high-rate, abusive loans that have led to record [...]
Study: Bailed Out Banks Fueled Subprime Lending
An investigation out today from the Center for Public Integrity details the nearly $370 million spent by top subprime lenders over the past decade to fend off regulation in Washington. While that’s disturbing enough, the study make clear that some of the major banks being bailed out by taxpayers were hardly victims of those subprime [...]
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