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Written by:
Peggy R
Date added:
April 16, 2011
Level:
Grade:
A
No of pages / words:
5 / 1323
Was viewed:
3208 times
Rating of current essay:
Essay content:
Orange County, one of the world's hottest real estate markets, was a center of the action. New Century and other lenders, including Ameriquest Mortgage Co. in Orange and Irvine-based Option One Mortgage Corp., recruited huge sales forces to hustle business.
"The culture around all of these sub-prime lenders has been 'Hey, bring it to us...
displayed 300 characters
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in Orange and Irvine-based Option One Mortgage Corp., recruited huge sales forces to hustle business.
"The culture around all of these sub-prime lenders has been 'Hey, bring it to us. We'll make it happen,' " said Philip X. Tirone, a Los Angeles mortgage broker and author. " 'If you have a client with a [low] credit score who only wants to put 5% down and had a bankruptcy not too long ago, that's OK...
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