Collateral Damage: Life As A Mortgage Broker

By Ralph J. Migliozzi

  • Release Date : 2011-05-16
  • Genre : Consumer Guides
  • FIle Size : 1.26 MB


Collateral Damage: Life As A Mortgage Broker Chronicles the career of a conflicted mortgage broker. This comical and tragic account explains the whole amazing subprime catastrophe through the story of one man. Mortgage brokers dominated the lending industry for 25 years before succumbing to the lure of ever riskier products that relentlessly blurred their moral principles. In the end, common sense was compromised by fear of losing to the competition. Here are the outrageous, and sometimes hilarious, stories of the sales anti cs of all the players of the subprime crisis.