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Book Review: Confessions of a Subprime Lender

Posted on June 30, 2008

Interesting looking book flagged by the WSJ, called Confessions of a Subprime Lender. The story is told by Richard Bitner, who founded his own subprime mortgage company right as the industry was taking off. Over five years, the company boomed. Confessions of a Subprime Lender is his insider story -- disillusionment, fraud, greed, ignorance. A year after he gets out and leaves the industry, sub-prime imploded.From the publisher: Woven throughout hispersonal industry experiences is the fascinating story of how anindustry started out helping disadvantaged customers buy houses, butsoon lost its ...

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housing , online , system