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Home » Store » News » Brokers Power Surging Subprime Mortgage Market to New Heights

Brokers Power Surging Subprime Mortgage Market to New Heights

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Mortgage brokers have gained considerable ground in the subprime market during 2004 while providing much of the muscle for what is shaping up to be a banner year on the origination front. According to a new analysis by Inside B&C Lending, brokers accounted for 55.7 percent of the estimated $252.6 billion in new subprime loans generated during the first six months of this year. That was up…
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