Sub-Prime Lending

While it is not an insurance topic, and not of primary concern to insurance agents, the sub-prime lending issue has gotten more than its share of press – most of it negative – and is worth a mention here. Sub-prime lenders have been portrayed as evil, preying on the poorest segment of society by providing overpriced loans that should not have been made. As usual with media hype, particularly the national media with an agenda, nothing is a simple as…

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