Blog
- Author:
- Tom Silva
- Posted:
- 03.20.2008
The Truth About Sub-Prime
With all of the bad news about the housing market and the impact of sub-prime loans, its worth putting this in a historical context. The U.S. mortgage market totals $12 trillion. Of that, $2.4 trillion is sub-prime loans. Of this 20% of the debt will go bad — about $400 billion. That equates to 3% […]
- Author:
- Michael Alter
- Posted:
- 03.19.2008
Welcome
Dear Friends, Welcome to Alter NOW, our company’s brand new blog. We hope you’ll find it informative as we set out to chronicle the important trends underway in our industry. We hope to keep this free from sales and marketing language and simply use it as a way to start a dialogue with the stakeholders […]