Home » What We’re Hearing: 10 Years Already? / When was the First (Subprime) Shot Fired? / And No. Nine for Fannie & Freddie / The New Nonprime Kids on the Block / Watt Seeking Political Cover? / How About $500,000 for the MID?
What We’re Hearing: 10 Years Already? / When was the First (Subprime) Shot Fired? / And No. Nine for Fannie & Freddie / The New Nonprime Kids on the Block / Watt Seeking Political Cover? / How About $500,000 for the MID?
This year, nonprime production across the U.S. might top $3 billion to $4 billion at best. At its peak last decade, it was a $1 trillion a year business. That’s not a misprint…