Foreclosure Crisis Tightens Grip in County, The Register-Guard, May 3, 2009
Published by: admin on October 1, 2009
People are always asking me to blog more often, well here i go, I looked up some information on ‘nonconforming home loans’.
About one out of five home loans that local brokers made in 2004 and 2005 were high interest rate loans, according to U. S. Housing and Urban Development Data. … They were subprime or nonconforming loans made to people with lower credit scores, adjustable loans with low teaser payments that reset at a high rate after several y…
source: Foreclosure Crisis Tightens Grip in County, The Register-Guard, May 3, 2009, The Short Sale Doctors
Not exactly what I was looking for, but still a good read.
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