« Mortgage rate reset: Cagan and First American | Main | Busses for the poor »

Safe from Sub-prime in the suburbs ?

Even affluent suburbs have their share of such borrowers.

Steven Habetz, chief executive of Threshold Mortgage, a
broker based on Westport, Conn., says subprime loans
account for about 5 percent of his business. That could
drop, though, as lenders leave the market.


TrackBack URL for this entry:

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)