Subprime lending involves loaning money to people

Subprime lending involves loaning money to people

Subprime lending involves loaning money to people Subprime lending involves loaning money to people who purchase a house, but would not quality for a conventional mortgage usually due to poor credit. Discuss the pros and cons of this type of lending in a two page APA formatted paper. Include at least three resources and in-text citation. Make sure to discuss the lenders, borrowers, and the government’s responsibility in these types of mortgages.Original work

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