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Home » Store » News » Wholesale Dominates Subprime Market Through 3rd Quarter ‘02

Wholesale Dominates Subprime Market Through 3rd Quarter ‘02

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Mortgage brokers and correspondents accounted for the lion’s share of subprime loan production during the first nine months of this year, a new Inside B&C Lending snapshot of the market reveals. Overall, some 68 percent of the $158.5 billion in subprime loans produced during the first nine months of this year came through wholesale channels. Brokers were the busiest players in the market during the period, accounting
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