Subprime Mortgages : Primer on Current Lending and Foreclosure Issues.

Describes subprime mortgage lending market, in which home loans are extended to borrowers with weak credit profiles. Presents delinquency and foreclosure data, describes hardships faced by subprime lenders, and summarizes banking agency guidance on subprime lending and policy considerations for Cong...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2007.
Series:	U.S. Congressional Research.
Subjects:	Consumer credit. Finance > Law and legislation. Mortgages. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Describes subprime mortgage lending market, in which home loans are extended to borrowers with weak credit profiles. Presents delinquency and foreclosure data, describes hardships faced by subprime lenders, and summarizes banking agency guidance on subprime lending and policy considerations for Congress.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.