Product Description
This book provides the first systematic study of the home equity lending industry from a public policy perspective. Home equity lending–refinancing mortgages for homeowners whose credit ratings do not meet the normal underwriting standards of prime lenders–has grown rapidly during the past dozen years. But this form of lending is not very well known or understood outside the industry itself. “Home equity lenders take greater risks than conventional pri… More >>

The Home Equity Lending Industry: Refinancing Mortgages for Borrowers with Impaired Credit