The return of subprime lending? Disappearing home loan items?
Into the wake for the housing breasts, few loan providers experienced appetite that is much danger, providing primarily “plain vanilla” mortgages to extremely qualified borrowers. Nonetheless, Keith Gumbinger, vice president of HSH.com, claims that now, however, there is a “huge cohort of wannabe borrowers that lenders will need to glance at so that you can…