Some mortgage products that were widely used prior to the Great Recession, and cited as one of its main causes, are said to be making a comeback – and that’s becoming a concern for those worried about an impeding new recession, HousingWire reported. The volume of home loans with “alternate documentation” has more than doubled
Experts worry about rise of ‘alt-doc’ loans
July 10, 2019 by Mike Wheatley
Filed Under: Mortgage, US Real Estate Tagged With: alt-doc loan, alternate documentation, Fitch ratings, mortgage products, mortgage-backed securities
