- By Liz Moir
- Published 05/17/2010
- Finances
-
Rating:
Unrated

Before the recession started the secured loans industry was very busy and many homeowners took out a secured loan as the underwriting was very slack
Before the credit crunch there were a number of different secured loan lenders all looking for business and actively seeking to expand, but the secured loans market has seen big changes in the industry with many lenders with drawing products and many other lenders withdrawing from the market completly