Subprime Mortgage Crisis


The Subprime Primer. At the Mortgage Brokers

Gee I'd like to buy a home, but don't have any money saved for the down payment. Can you help me? Mortgage Broker: Sure, sense the value of your home always goes up we don't need downpayments anymore. Subprime Mortgage Crisis

I can't verify my income. Mortgage Broker: That's ok we can give you a liars loan. Subprime Mortgage Crisis

A few week later at the bank

The Subprime Primer. At the Mortgage Brokers

Mortgage