an insider's tale of greed, fraud, and ignorance Bitner, Richard 1966- creator text bibliography nju Hoboken, N.J John Wiley & Sons c2008 2008 monographic eng

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xiv, 186 pages : illustration ; 23 cm. Confessions of a Subprime Lender pulls back the curtain on the players who created the subprime disaster, including brokers, lenders, Wall Street investment firms, and rating agencies who worked the system to their advantage. Interwoven with dramatic personal anecdotes, Confessions of a Subprime Lender explains how the subprime industry blew up and concludes with a comprehensive solution for rebuilding it by forcing changes on all the key players. Why I bailed out of the subprime industry -- The gunslinging business of subprime lending -- The underbelly: mortgage brokers -- Making chicken salad out of chicken shit: the art of creative financing -- Wall Street and the rating agencies: greed at its worst -- Secondary contributors: the Fed, consumers, retail lenders, homebuilders, and realtors -- How to fix a broken industry. Richard Bitner. Includes bibliographical references (pages 185-186). n-us--- Mortgage loans United States Prestamos hipotecarios Estados Unidos Bienes raíces Negocios Préstamos hipotecarios subprime Estados Unidos HG 2040 B624c 2008 332.7/220973 9780470402191 (pbk.) 0470402199 (pbk.) http://www.loc.gov/catdir/enhancements/fy0833/2008019035-d.html http://www.loc.gov/catdir/enhancements/fy0833/2008019035-t.html http://www.loc.gov/catdir/enhancements/fy0833/2008019035-d.html http://www.loc.gov/catdir/enhancements/fy0833/2008019035-t.html DLC 080425 20230411090139.0 spa