As prices in California more than doubled between 2000 and 2005, California led the housing market boom in the U.S. As a result, subprime mortgage industries arose with “zero-percent” loans that allowed borrows to buy homes that they often couldn’t afford. Now, mortgages are in trouble and delinquencies, foreclosures, and vacancies are on the rise. California is now at the bottom of the U.S. housing market and has led the U.S. into the worst housing recession since the 1930s.
CENTRAL PACIFIC MORTGAGE COMPANY
PACIFIC COAST CAPITAL PARTNERS, LLC
UNITED PACIFIC MORTGAGE CO., INC.
INTERNATIONAL HOME CAPITAL CORP.
"We've relied on Cortera for over a decade and they never stop innovating. In my mind they represent the industry's new thought leader."
"It is very gratifying when your VP of Finance comes out of his office to congratulate your team on their improved metrics. Our partnership with Cortera has really helped us to achieve these results."
