Barrier Technology

08 March 2007

Drying Up of Subprime Lenders - Increase in Multi-Family Demand?

There have been several articles published within the past week (from the Wall Street Journal, Business Week and MSNBC). All talk about the sea changes occurring in the subprime lending arena. For the past year, we have seen so many new gimmicks offered by lending agencies to lure people into believing they can pay for something they really can't. The rules of this game are changing due to such high losses.

The silver lining for Barrier? The people affected will have to live somewhere...more than likely some form of multi-family dwelling. (One of Barrier's prime markets.)


Post a Comment

<< Home

Powered by Blogger

Location: Watkins, Minnesota, United States

Barrier develops, manufactures, and markets proprietary fire resistant building materials designed to help protect people and property from the destruction of fire. Barrier's award-winning BlazeguardĀ® structural wood panels exceed International Building Code requirements in every targeted fire test and application. BlazeguardĀ® is coated with Barrier's patented, non-toxic, non-combustible Pyrotite formulation, which releases water when exposed to the heat of fire.