What really caused the subprime defaults?

Part 1 of 5: Upheaval in the subprime market
Published on May 21, 2007

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

(This is Part 1 of a five-part series. See Part 2, Part 3 Part 4 and Part 5.) Extensive payment problems among subprime mortgage borrowers, along with the failure of a number of subprime lenders, have been major news topics in recent months. ...