#10
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Re: what\'s the deal with subprime lending?
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You just haven't been paying attention earlier in the year. Tons of defaults, followed by funding sources pulling out, followed by margin calls, followed by liquidating of portfolios at huge losses. Oh, and there are a few Federal fraud investigations taking place for good measure. [/ QUOTE ] i am sitting here reading up on all this stuff, and reading your responses. thanks for pointing it out. luckily, it appears that NFI seems to have weathered better than most other lenders, but i was definitely missing a lot of stuff. what is the general consensus? is this area too risky to invest in, or are subprime stocks currently at a nice discount? |
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