Depository Institutions, CA, Top High-Rate Lending
October 23, 2009
Depository institutions accounted for the majority of higher-priced lending in 2008, though not necessarily by choice. Meanwhile, California remained the top state for high-rate originations last year, though by a much smaller margin than in previous years. An Inside B&C Lending analysis of new data reported under the Home Mortgage Disclosure Act reveals... [Includes one chart and one graph]