John D. Koch, executive vice president of Charter One Bank, Cleveland, knows how traditional lenders view the subprime market.

"Dumpster Diving in Mortgage Lending, or, Bankruptcy? No Problem!" was how he titled his presentation at a conference in Indian Wells, Calif., this week.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.