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What is going on with the mortgage market???? - 08/21/07 12:28 PM
Michael Tagliere works all over the Southern California area. Including Los Angeles, San Fernando Valley and the Santa Clarita Valley. The Santa Clarita Valley is the location of his office, Vintage Sotheby’s International Realty. The Santa Clarita Valley consists of several unincorporated areas: Valencia, Stevenson Ranch, Westridge, Saugus, Newhall, and Canyon Country.
Over the past couple of months several mortgage companies have been forced to close their doors. Now why is this happening? The major problem has been with subprime lending. Over the past several years buyers would apply for loans through what is called a stated income program. This … (1 comments)

 

Michael Tagliere

Valencia, CA

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Vintage Sothebys International Realty

Office Phone: (661) 219-9110

Cell Phone: (661) 607-6464

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