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Housing Policy in the New Millennium, Proceedings
Stark Differences: Explosion of the Subprime Industry and Racial Hypersegmentation in Home Equity Lending
Daniel Immergluck
Livre broché | Anglais
20,45 €
+ 40 points
Description
In recent years there has been a large increase in the number of mortgage loans made by lenders specializing in lending to borrowers with imperfect credit histories, especially in the home equity loan market.1 Most "subprime" lenders are mortgage or
finance companies, but they can also be thrifts or even banks. Some of the largest subprime lenders are affiliates of banks. Subprime firms typically charge borrowers higher fees and interest rates than "prime" lenders, which include most banks and thrifts as well as many mortgage companies.
finance companies, but they can also be thrifts or even banks. Some of the largest subprime lenders are affiliates of banks. Subprime firms typically charge borrowers higher fees and interest rates than "prime" lenders, which include most banks and thrifts as well as many mortgage companies.
Spécifications
Parties prenantes
- Auteur(s) :
- Editeur:
Contenu
- Nombre de pages :
- 24
- Langue:
- Anglais
Caractéristiques
- EAN:
- 9781288919260
- Date de parution :
- 13-03-13
- Format:
- Livre broché
- Format numérique:
- Trade paperback (VS)
- Dimensions :
- 189 mm x 246 mm
- Poids :
- 63 g
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