Subprime lending execs back in business five years after crash

By Daniel Wagner

Executives from all of the top 25 subprime lending firms are working in the mortgage business five years later.

Excerpts from this story referencing "Pennsylvania":

"… n its mortgage bonds as ShellyMac. He then purchased New Penn Financial, a Pennsylvania lender. New Penn rose from the ashes of one of American International Grou …"

You broke it? You fix it.

By John Dunbar

Firms that fed off the subprime lending frenzy that devastated the banking system are lining up to collect more than $21 billion in taxpayer

Excerpts from this story referencing "Charlotte":

"… cial. It ranked No. 20 on the Center subprime list.7. Bank of America, NA, Charlotte, North Carolina — $804.4 millionBank of America, another major bailout r …"

No. 6 of The Subprime 25: Option One Mortgage Corp./H&R Block Inc.

Total high-interest loans 2005-2007: At least $64.7 billion

Excerpts from this story referencing "American Home Mortgage":

"… s third fiscal quarter, which ended January 31, 2008. On April 30, 2008, American Home Mortgage Servicing Inc., an affiliate of private equity company Wilbur Ross & C …"

The Subprime 25

A full text list of the top 25 lending companies responsible for subprime loans

Excerpts from this story referencing "Ameriquest Mortgage":

"… inancial Corp. Amount of Subprime Loans: At least $97.2 billion Ameriquest Mortgage Co./ACC Capital Holdings Corp. Amount of Subprime Loans: At least $8 …"