Subprime Mortgages the numbers
Posted by US Loan Auditors in
Mortgage Crisis on 01 29th, 2010 |
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A study called the GAO Report which is a derived from complied data on Alt – A and Subprime Mortgage loans in regard to loan performance was recently released.
The numbers show that Subprime Mortgage loans between the years 2000 and 2007 have a fourteen percent foreclosure rate and that an additional...