Property News · October 13, 2018

Thousands line up for zero-down-payment, subprime mortgages


Following the subprime mortgage crisis, low-income borrowers with low credit scores were locked out of homeownership. Now a major player in the subprime crisis is backing new loans to the same borrowers but with a far different product. 

Source : cnbc.com
Read more…Thousands line up for zero-down-payment, subprime mortgages