Tuesday, February 18, 2014

RE: [MFP] RE: The Equal Credit Opportunity Act / USA

 

 

For your information:

 

WELLS FARGO EDGES BACK INTO SUBPRIME AS US MORTGAGE MARKET THAWS

CNBC News - 14 Feb 2014

http://www.cnbc.com/id/101417200

 

WELLS FARGO EDGES BACK INTO SUBPRIME AS U.S. MORTGAGE MARKET THAWS

REUTERS - 14 Feb 2014

http://www.reuters.com/article/2014/02/14/us-banks-subprime-insight-idUSBREA1D07820140214

 

Subprime lending is back in the US. To avoid the taint associated with the word "subprime," lenders are calling their loans "another chance mortgages" or "alternative mortgage programs."

 

 

 

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