FROM THE BATTLECALL ARCHIVES
Ever since some of the biggest dinosaurs of the mortgage industry started going belly-up, there has been a frantic call for mortgage reform...especialy in the subprime market. Yes, we all knew it could happen someday. But, that day is today...it's now. The collapse of the subprime segment has a ripple effect that can be felt across the board. Lenders are tightening their purse-strings and jittery borrowers are losing faith in the system. In this report, you'll learn some of the trends affecting the subprime sector, how it affects you and why it matters. Entitled: "Losing Ground: Foreclosures In The Subprime Market And Their Cost To Homeowners" it is an interesting read. A special thank you to the Center For Responsible Lending for allowing us to republish this report and share it with our loan officers. This resource is in Adobe PDF format.