Sentences with phrase «providing subprime mortgages»

Providing subprime mortgages — knowingly giving people the ability to get a house they couldn't afford — increased homeownership rates.
[160] Long Beach had specialized in providing subprime mortgages.

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The latest survey also provided some insight into mortgage standards for «subprime» borrowers.
The latest survey also provided some insight into mortgage standards for «subprime» borrowers.
Nearly 90 mortgage lenders have formed an alliance to support passage of legislation to «reinvigorate» the Federal Housing Administration so it can provide safe and affordable financing for homebuyers, as well as a lifeline for subprime borrowers who are in trouble.
Advanced Reading: How did we get to this Subprime Mortgage mess: Download Subprime Files Understanding Securitization: Download Securitization Files Consumer Home Mortgage Information, provide by California Department of Real Estate
Subprime lenders provide mortgage loans to people with adverse credit at slightly higher rates.
We provide private, short - term California direct hard money loans for real estate investors for various real estate transactions such as fix and flip / rehab loans, trustee sale refinances, distressed property loans (REO loans, short sale loans, foreclosure loans), hard money business loans, real estate auctions that allow financing, private party transactions, estate, probate and trust loans, residential construction loans, cash out refinance loans, subprime loans, reverse mortgage refinance loans, bridge loans and other investment property loans.
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As a result, mortgage rates provided by subprime mortgage lenders will be much higher than those at standard lenders, all else being equal.
The Secure refinance program is designed to help homeowners exchange costly ARM loans and subprime mortgages for affordable FHA mortgages providing stable payments.
New financial products were used to apportion these risks, with private - label mortgage - backed securities (PMBS) providing most of the funding of subprime mortgages.
Then the course provides an in - depth examination of lending standards for nontraditional mortgage loans that include Adjustable rate mortgages, subprime and high - cost loans, and reverse mortgages as well.
The latest survey also provided some insight into mortgage standards for «subprime» borrowers.
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