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Tough Subprime Outlook

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12-15-2006, 07:21 AM

Veronica Corningstone Veronica Corningstone is offline

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Tough Subprime Outlook

A Friedman, Billings, Ramsey and Co. analyst told Mortgagedaily.com they are seeing significantly worse performance of subprime loans originated in 2006. Subprime lenders had been engaged in a battle for market share. But the loans they made may now come back to haunt them, he said.

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12-15-2006, 10:25 AM

Erik is offline

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Erik has a spectacular aura about

Secret your voice rings prophetic after news like this.

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