These days, lenders have started to offer subprime mortgage loans again, but the process is much longer requiring more documentation and lenders must verify that borrowers can pay off the loan. (valuepenguin.com)
These days, nearly everyone speaks poorly of subprime mortgage loans. (homebuyinginstitute.com)
In other words, they offered subprime mortgage loans to subprime borrowers, usually with a much higher interest rate for the borrower... and higher profit for the lender. (homebuyinginstitute.com)