Subprime: “Why are you in trouble?”
As the nation sorts through the subprime mess, seeking programmatic or bulk resolutions of the many borrowers who are or may be delinquent, it’s helpful to recognize that, as in Anna Karenina, every borrower’s problems are his own and every delinquency has its own story.
Every loan case file tells a story
In previous posts, I’ve explained [...]
