A new day for subprime loans
The housing market is showing signs of life and that's sparking a renewed interest in bonds backed by subprime mortgages.
Wednesday, the National Association of Realtors reported that existing-home sales increased 4.3 percent in January from a month earlier, the highest level since May 2010. In 2011, home sales increased 1.7 percent from 2010.
The positive upticks
