Confessions of a subprime lender: an insider's tale of greed, fraud, and ignorance

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Publisher:
John Wiley & Sons,
Pub. Date:
c2008.
Language:
English
Description
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.
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ISBN:
9780470402191
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Grouped Work ID 0c00c11a-76c2-d822-d5df-11c348580e5e
full_title confessions of a subprime lender an insiders tale of greed fraud and ignorance
author bitner richard
grouping_category book
lastUpdate 2017-08-14 05:04:17AM

Solr Details

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author Bitner, Richard.
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physical xiv, 186 p. : ill. ; 23 cm.
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publishDate 2008
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table_of_contents Why I bailed out of the subprime industry -- The gunslinging business of subprime lending -- The underbelly: mortgage brokers -- Making chicken salad out of chicken shit: the art of creative financing -- Wall Street and the rating agencies: greed at its worst -- Secondary contributors: the Fed, consumers, retail lenders, homebuilders, and realtors -- How to fix a broken industry.
target_audience Adult
target_audience_full Adult
title Confessions of a subprime lender : an insider's tale of greed, fraud, and ignorance
title_display Confessions of a subprime lender : an insider's tale of greed, fraud, and ignorance
title_full Confessions of a subprime lender : an insider's tale of greed, fraud, and ignorance / Richard Bitner
title_short Confessions of a subprime lender :
title_sort confessions of a subprime lender an insider's tale of greed, fraud, and ignorance
title_sub an insider's tale of greed, fraud, and ignorance