header image
A Brief History Of Subprime
December 31st, 2007 Mortgage Blog, Subprime lenders, Uncategorized, subprime meltdown

A clear plastic plaque on William Komperda’s desk memorializes a 1990 deal that helped launch the made-in-Orange County subprime lending bonanza. Komperda, a former investment banker now living in Connecticut, calls the plaque a "tombstone," financial speak for a securities offering notice. But the "tombstone" symbolizes an industry that rocked financial markets around the world in [...]


Write a comment