As the hedge fund world becomes bigger and bigger as more and more hot money seeks the elusive alpha of maximum performance, it is becoming apparent that more and more newspaper space will be devoted to hedge funds, and private equity. Recent news has taken us into the inner sanctum of Bear Stearns, truly a dominant investment firm in the world today. It might be argued that Bear Stearns is the best managed Wall Street firm in existence. Some might say Goldman Sachs. In any …
Hope For Sub-Prime Consumers
As the Editor in Chief at Crediteria.com, I have seen first hand the suffering that is going on with the sub-prime credit card and housing market. Banks and loan brokers were issuing loans to those with marginal credit to make a fast buck.
A Change Is In The Market For Subprime Mortgage Loans
The subprime market is undergoing a major change due to the recent narrowing of lender guidelines regarding applicants. Why in particular is the subprime market being targeted? Perhaps this is because the subprime market tends to experience more problems with meeting their loan obligations than other markets.
Subprime Mortgage Loan Scams
The current subprime mortgage mess has caused a marked increase in scams.
What Are Subprime Mortgage Loans?
You certainly have heard or read news about the subprime mortgage loan mess that the United States is currently suffering from. But, what exactly is a subprime?