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Subprime Mortgage Crisis

Subprime lenders engaged in predatory lending practices such as deliberately targeting borrowers who did not understand what they were signing, or lending to people who could never meet the terms of their loans. Most loans included exorbitant fees, hidden terms, conditions, which frequently lead to default, seizure of collateral, and foreclosure.


URL: http://www.subprimemortgagecrisis.com/
   
Added: May 2, 2008
   
Hits: 0
   
Category: Business & Economy » Finance and Investment » Mortgages
   
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