Are subprime mortgages back, and what does it mean if they are?

Sub Prime MortgagesBy Lou Barnes | inman

I’m going to try to be cheerful about this, but I’m not.

I got invited last week to a very fancy small luncheon with a top Wall Street researcher/analyst — a household-name firm.

The guy (in suspenders) spoke on real estate, mostly commercial, lucid (if general) information.

Toward the end of an extensive Q&A, someone asked about housing.

Continued:

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