loans Archive

Excerpt: How to Avoid the Next Financial Crisis

The following is excerpted from Financial Shock: A 360-degree Look at the Subprime Mortgage Implosion and How to Avoid the Next Financial Crisis (Pearson Education, 2009) by Mark Zandi, chief economist and cofounder of Moody’s Here are four...
November 12, 2008

Confessions of a Subprime Lender: 5 Reasons the Subprime Market Crumbled

By Melissa Dittmann Tracey QUICK SKIM Slowing home sales, a tightening credit market, record-high foreclosures — how did we get to this point? Richard Bitner’s book Confessions of a Subprime Lender (Wiley, 2008) gives a close-up look at how...
August 21, 2008

Author Chat: Tracey Rumsey

By Melissa Dittmann Tracey Mortgage expert Tracey Rumsey, author of Saving the Deal (AMACOM, 2008), responds to your questions about how you can avoid potential transaction deal killers. What’s the most common deal killer in a transaction that you’ve...
March 31, 2008