AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Hudson, Michael W. The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America--and Spawned a Global Crisis. Times Bks: Holt. 2010. c.384p. index. ISBN 9780805090468. $26. Bus
Investigative journalist Hudson exposes the source of the so-called toxic subprime mortgages that led to the 2008 financial crisis. He picks his way through a warren of mortgage brokers and lending companies that sat just outside banking regulations in the years following the savings and loan crisis. The book concentrates on the practices of mortgage lenders FAMCO and Ameriquest Mortgage, at one point the largest U.S. subprime lender. Hudson draws …