Broker-Originated Subprimes More Likely To Default

29 Sep 2010

Subprime loans that originated with brokers were four to five times more likely to default than those from other sources, according to a study by the Joint Center for Housing Studies at Harvard University.

Subprime loans that originated with brokers were four to five times more likely to default than those from other sources, according to a study by the Joint Center for Housing Studies at Harvard University. The 218-page study also suggested that some subprime loans perform better ...

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