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Confessions of a Subprime Lender

An Insider's Tale of Greed, Fraud, and Ignorance

Confessions of a Subprime Lender by Richard Bitner
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Former subprime lender Richard Bitner once worked in an industry that started out helping disadvantaged customers but collapsed due to greed, lack of financial control and willful ignorance. In Confessions of a Subprime Lender: An Insider's Tale of Greed, Fraud, and Ignorance, he reveals the truth about how the subprime lending business spiraled out of control, pushed home prices to unsustainable levels, and turned unqualified applicants into qualified borrowers through creative financing. Learn about the ways the mortgage industry can be fixed with his twenty suggestions for critical change.
Wiley; April 2009
208 pages; ISBN 9780470440612
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Title: Confessions of a Subprime Lender
Author: Richard Bitner
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