Whitelaw and Sons Real Estate Morgan Hill
reaching your real estate goals
Robert Whitelaw, Realtor®

Robert Whitelaw, Realtor®

Published:Aug 3, 2023

Born and raised in Silicon Valley, Robert has helped clients successfully buy, sell and invest in real estate throughout Santa Clara County. Robert uses his local market knowledge to help clients across Silicon Valley!

Subprime lending in 2023 is still an issue. With the market softening, and many anticipating a drop in home values, this is a problem.

In todays show, we will discuss subprime lending, but also review last weeks show, which was created using the AI chatGPT.

Beware ChatGPT

We start off this weeks show talking about last weeks podcast, which was created using ChatGPT. This experiment was intended to show how this tool can be used to potentially mislead consumers on how much knowledge a real estate agent has on various topics.

Subprime Lending Review

We discuss what subprime lending is and how it has evolved since the downturn of 2008.

Solving Problems Instead Of Symptoms

Subprime lending is best solved by educating the folks that are borrowing, not burdening them with debt they are not prepared to manage. It helps banks, but not borrowers.


  • https://www.forbes.com/advisor/mortgages/what-is-a-subprime-mortgage/
  • https://www.experian.com/blogs/ask-experian/the-pros-and-cons-of-subprime-mortgages/

Check Out The Last Show!


NAR Settlement – For Buyers and Sellers

The NAR settlement, once it is approved, is set to go into effect in the middle of July 2024. This will completely change how Buyers agent are compensated and we can count on chaos while the systems adjust to the new reality.

Get Your FREE Home Value Estimate!

Just enter your address and get access to your instant home value estimate, but also amazing tools to evaluate refinance options, your equity, ways to levarage your homes equity, how to pay your home off faster… and so much more!

Schedule A Consultation With Robert!


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