An Insider's Look at the Subprime Mortgage Collapse

A few days ago, I finished reading Richard Bitner's new book - the story of his personal experience in the business of subprime lending:
Greed, Fraud, & Ignorance

A Subprime Insider's Look at the Mortgage Collapse
It's also available at Amazon here.

For anyone interested in learning what it was like during those go-go years of mortgage lending earlier in the decade, this is a very good place to start.

A 14-year veteran of the mortgage industry, Richard owned a subprime mortgage company for the first half of the decade and, at the height of the speculative fervor in 2005, he saw the handwriting on the wall and sold the business.

Eighteen months later, it showed up as #43 on the Mortgage Lender Implode-O-Meter.

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