Subprime discussion — part 3: When will the dust settle?

March 12, 2008

In Part 3 of our five-part series on the subprime market, real estate finance Professor Anthony Sanders, Jeffrey Coles, chairman of the finance department at the W. P. Carey School of Business and Steven Davidson, vice president, capital market research, for the Securities Industry and Financial Markets Association (SIFMA), predict when the dust will settle. They discuss why things will look dismal in 2008 and why loan fraud is in the way of people getting the help they need. Davidson was a featured speaker at the Risk, Reward and Real Estate Conference in Phoenix, sponsored by the Center for Real Estate Theory and Practice at the W. P. Carey School of Business.