Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage Collapse (Mortgage Solutions) Paperback Book, eBook Download PDF, EPUB, MOBI and FB2

Richard Bitner
Richard Bitner

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Brief introduction

Richard Bitner, a former subprime lender, pulls the curtain back to reveal the inner workings of the mortgage industry and explain why the housing crisis will be worse than people think. As he...

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Bibliographic data

This edition of book was issued in Paperback. The volume of the ebook is 197 pages (approximate value, can be different depending on the edition). First book "Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage Collapse (Mortgage Solutions)" was published in 2008.

Original Title
Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage Collapse (Mortgage Solutions)
ISBN13
9780981457406
First Published
2008 year
Edition Format
Paperback
Number of Pages
197 pages
Ebook Format
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Information about the versions of the electronic book (e-book) is preliminary. Available formats depend on the services that provide the distribution of such content (third parties).
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Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage Collapse (Mortgage Solutions)
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Description of "Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage Collapse (Mortgage Solutions)"

Richard Bitner, a former subprime lender, pulls the curtain back to reveal the inner workings of the mortgage industry and explain why the housing crisis will be worse than people think. As he chronicles the rise and fall of his mortgage company, he exposes all of the players in the mortgage industry food chain and reveals: How nearly three out of every four subprime mort Richard Bitner, a former subprime lender, pulls the curtain back to reveal the inner workings of the mortgage industry and explain why the housing crisis will be worse than people think. As he chronicles the rise and fall of his mortgage company, he exposes all of the players in the mortgage industry food chain and reveals: How nearly three out of every four subprime mortgages originated by brokers were misleading or fraudulent, and which tactics they used to trick lenders and borrowers.

How the subprime industry played a major role in pushing home prices to unsustainable levels. How brokers and lenders used creative financing techniques to turn unqualified applicants into qualified borrowers. How the conflicted relationship between Wall Street and the rating agencies is largely to blame for the collapse of the mortgage industry.

How a comprehensive solution that addresses every level of the food chain is the key to fixing the mortgage industry.

This description is taken from the website: https://ebook.ukstores.org/oqyfoq.


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