Archives for 20 April 2007
The Florida Mortgage Credit Crisis
A New Environment
Over 20 percent of all mortgages originated from 2004 through 2006 were subprime mortgages. The subprime lenders that funded these mortgage have recently gone out of business or eliminated their subprime program line. Mortgage expert Jim Kemish discusses the potential impact.
The End of the Subprime Industry
In late 2006, as real estate values continued to […]