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Easy money: a little thing like bad credit won't cost you a mortgage loan Mortgages to people with imperfect credit have increased 40% between 1995 and 1997. These 'subprime' borrowers are attractive to mortgage companies because ......(Continue Reading)REAL ESTATE WATCH Subprime market has boomed in last decade Mortgages for people with flawed credit have evolved over the years, and now each loan is virtually a customized mix of rates and fees. The industry ......(Continue Reading)REAL ESTATE WATCH Risky business: loan with penalty shot People who refinance their mortgages with loans containing prepayment penalties or balloon payments are more likely to undergo foreclosure, according ......(Continue Reading)Wilshire Real Estate Investment Trust Announces Second Quarter Results PORTLAND, Ore.--(BUSINESS WIRE)--Aug. 6, 1998--Wilshire Real Estate Investment Trust Inc. (NASDAQ:WREI) a hybrid REIT specializing in diversified ......(Continue Reading)Sub-prime market remains hottest area for mortgage lending growth Borrowers with blemishes on their credit ratings - the sub-prime market - may well be the most explosive area of growth in the hotly competitive home ......(Continue Reading) |