Articles About Alternative-A Mortgages
- Author:
- Mike Ochs
- Posted:
- 05.07.2009
Some Alt-A Home Loans Go the Way of Subprime
It seems that we just can’t escape the bad financial news. Now, mortgage loans made to supposedly better-off Americans are also heading south at an alarming rate. This time around, the loans in question are Alternative-A (Alt-A) mortgages,which are used by borrowers such as the self-employed who have reasonable credit standings but unpredictable incomes. Right […]