Confessions of a Subprime Lender
An Insider's Tale of Greed, Fraud, and Ignorance
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Beschreibung
Former subprime lender Richard Bitner once worked in an industry that started out helping disadvantaged customers but collapsed due to greed, lack of financial control and willful ignorance. In Confessions of a Subprime Lender: An Insider's Tale of Greed, Fraud, and Ignorance, he reveals the truth about how the subprime lending business spiraled out of control, pushed home prices to unsustainable levels, and turned unqualified applicants into qualified borrowers through creative financing. Learn about the ways the mortgage industry can be fixed with his twenty suggestions for critical change.
Autor*in
Richard Bitner
Themen in »Confessions of a Subprime Lender«
Business & Management Immobilien Immobilien u. Grundbesitz Property & Real Estate Wirtschaft u. Management
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"...packed with tales of crooked brokers, deceitful customers,avaricious Wall Street banks and all too obliging credit ratingagencies." (The Guardian, September 19, 2008)
"If this is even near the truth, it is remarkable...Bitner'sbook was more firmly rooted in the world we livein." (Prospect Magazine, October, 2008)
"...pulls back the curtain on the players who created thesubprime disaster...In a breezy style and from a specialvantage" (Pensions World, November 2008)
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