Bill Dallas ran two subprime lenders that collapsed during the financial crisis. Now he's back in business and plans to start offering what he calls nonprime loans later this year through his latest venture, NewLeaf Lending, based in Calabasas, CA. Lenders are returning to the subprime market, although so far the lending is a fraction of what it was before the mortgage crisis. About $3 billion of subprime mortgages were made in the first nine months of 2013, matching the year-earlier period, according to Inside Mortgage Finance, a trade publication. In 2005, subprime originations reached $625 billion. Subprime isn't dangerous if the lending is done prudently, says Frank Pallotta, managing partner at Loan Value Group in Rumson, NJ, which advises mortgage investors on risk.