Industry News

Mortgage brokers lose subprime share to retail, Internet lenders

Internet's share of subprime originations up 50% in first half of '07
Published on Dec 21, 2007

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by CareyBot

Retail lenders like banks and direct Internet operations picked up a larger share of subprime loan originations in the first half of 2007, according to a survey of subprime lenders by the Mortgage Bankers Association. Retail lenders grew their market ...