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http://seekingalpha.com/article/49701-subprime-mortgages-crossing-income-and-credit-strata http://seekingalpha.com/article/49701-subprime-mortgages-cro... It d
by sethg 14y ago
http://seekingalpha.com/article/49701-subprime-mortgages-crossing-income-and-credit-strata http://seekingalpha.com/article/49701-subprime-mortgages-cro...
It doesn’t have exact numbers, but the tl;dr is that people from every income bracket were taking out subprime mortgages, including middle- and upper-class people who could qualify for prime mortgages but wanted to borrow even more.