Subprime lending not main trigger of real estate bubble

User rating: 3.6 / 5 after 27 vote(s)

(PhysOrg.com) -- Critics often point to subprime mortgage lending – the funding of home loans to borrowers with less-than-perfect credit – as the culprit in the unsustainable boom in U.S. home prices that eventually derailed the real estate and mortgage markets.


Full story »

All News summaries from General Science news
All News summaries for July 30, 2008