The return of subprime lending? Disappearing home loan items?
When you look at the wake for the housing breasts, few loan providers have experienced much appetite for danger, offering primarily « plain vanilla » mortgages to very qualified borrowers. Nevertheless, Keith Gumbinger, vice president of HSH.com, claims that now, though, there is a « huge cohort of wannabe borrowers that lenders will need to have a look at so that you can develop their company. «