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Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage Collapse (Mortgage Solutions)
by Richard Bitner
from LTV Media
Customer Reviews:
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Avg. Customer Rating: 5.0 / 5.0 
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Quick Read with an Overview of where the Industry Is Today
This is a great quick read. That summarizes where we are today, and how we got here. Pick it up if you want to just learn more about the industry, or see some of the issues that have cause the current problems.
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Highly recommended to anyone who's about to take a dive into a mortgage
The Housing Crisis is far worse than people think explains decade-and-a-half veteran of the mortgage industry Richard Bitner in his book "Greed, Fraud, & Ignorance: A Subprime Insider's Look at the Mortgage Collapse". Exposing all of the inner workings of this industry and how almost 75% of brokers are misleading or flat out fraud lying to both lenders and borrowers, how they inflate home prices to ridiculous amounts, and more. He also outlines a solution that could fix every level of the industry for... more info
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Outstanding. This is the one to buy.
If you want a book that tells you why things went so wrong in subprime lending, this is the book. Not only is (or more correctly, was) the author an insider in the industry, he is bright, extremely perceptive, and, most importantly, he has a conscience. In addition, he is an extremely able writer. He takes a topic that others have reduced to technical mush and presents it in a clear, precise, pointed fashion. The book is a nice collection of on-the-ground examples placed in a perceptive and morally-balanced... more info
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Well written - great resource
This book is well written. It explains the subprime business in a way anyone can understand without being condescending. Not only that, it goes on to analyze why this mess happened, and what might be done to prevent it from happening again. Great book.
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