Study: Most subprime loans didn't go to low-income borrowersMilwaukee Business Journal, WI -1 hour agobased consulting firm analyzed data filed under the federal Home Mortgage Disclosure Act to find out the demographic distribution of subprime rate loans. ... Another thing is that mortgage brokers can be more resourceful than banks. Because mortgage brokers do not work for only one company, they have more access to mortgages and loans. Greater suitability and better mortgage options are what mortgage brokers bring to their customers.
