From the Herald:

Eight of the ten largest subprime mortgage specialists in Massachusetts are no longer lending in the state.

Good news: no more lending to people who may not be able to repay their loans

Bad news: no more lending to people who may be able to repay their loans

Plus, where are all those people who have resetting subprime loans supposed to go to refinance?

Source: Mass. subprime business shrinks amid spike in foreclosures – Associated Press, by way of The Boston Herald

Contact me to find out more about Boston condos for sale or to set up an appointment call/text 617-595-3712.

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Updated:  1st Q 2018

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