Loans where borrowers gave little proof of income could be the next threat to the troubled real estate market - and the economy.
By Chris Isidore, CNNMoney.com senior writer
March 19 2007: 5:01 PM EDT
NEW YORK (CNNMoney.com) -- Subprime mortgages have been generating a lot of attention, and worry, among investors, economists and regulators, but those loans may be only part of the threat posed to the housing market by risky lending.
Some experts in the field are now concerned about the so-called Alt. A mortgage loan market, which has grown even faster than the market for subprime mortgage loans to borrowers with less than top credit. Click Here To Read Entire Article
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