Lack of escrow fund and sub-prime lending risk
Dipan (Who am I?) , Kolkata: Sep 8 2008
Made Popular Sep 8 2008
Sub-prime mortgage market is basically all about lending to persons with limited borrowing history or having not-so-good quality asset. Here, as borrowers cannot submit better asset for mortgage or they do not have good steady income or they do not...
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Tags: Sub-prime lending, Mortgage, Escrow account, escrow fund
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