Here's good column on fads in lending. It's a good thing to remember that once upon a time loans like the 125% LVT were popular. Of course many of those vendors have now gone the way of the dodo.
"Back in 1998 the top high LTV lenders in the nation were FirstPlus Financial, Empire Funding, AMAXIMIS Lending, Life Bank and Master Financial. Now, how many readers can tell me which of these shops are still around? Hint: Life is (technically speaking) still around but under a different name. Send an e-mail if know the answer..."
Ah none is ths answer you are looking for . . .
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