Sentences with phrase «subprime lending crisis»

REALTORS ® are all about helping people move, but the current subprime lending crisis has brought into clear focus the added value we can bring by helping home owners and future home buyers avoid having to move because they can't pay their mortgage.

And the subprime lending crisis is almost past; the balance of this year will be about cleaning up that mess.

On the other hand, if the availability and attractiveness of mortgages declines, as did during the fallout from the subprime lending crisis, renting an apartment becomes more appealing, so occupancy rates and rental revenue per apartment increase.

The US Subprime lending crisis led to a decline in home values which undermined Caterpillar's consumer facing equipment sales.

Well just as expected, our stock portfolio (along with the investment portfolios of countless investors out there) is suffering through the rough patch brought about by the credit and subprime lending crisis.

«Laura Hemphill deftly pulls off a hat trick, offering readers an insider's clear - eyed take on the subprime lending crisis, a chilling look at the lives of women in banking, and a briskly entertaining coming of age story.

- Teddy Wayne, author of The Love Song of Jonny Valentine and Kapitoil «Laura Hemphill deftly pulls off a hat trick, offering readers an insider's clear - eyed take on the subprime lending crisis, a chilling look at the lives of women in banking, and a briskly entertaining coming of age story.»

The issue is a new subprime lending crisis waiting to happen, a practice that HBO host John Oliver blasted over the summer for offering the working - poor, with little or no credit, rates too good to pass up which ultimately leave individuals paying astronomical amounts for used vehicles.

Well just as expected, our stock portfolio (along with the investment portfolios of countless investors out there) is suffering through the rough patch brought about by the credit and subprime lending crisis.

Not exact matches

Just like subprime mortgage lending dragged so many American homeowners underwater during the housing crisis, some private lenders aggressively marketed their loans to students who weren't financially fit to support them.

Speculative lending practices fueled a massive housing boom in the U.S. that inevitably led to the subprime mortgage crisis.

Declines in homeownership among lower - income, nonwhite and young adults were especially dramatic following the housing crisis, as subprime lending, which many homeowners had previously relied on, all but dried up.

We must take action now to avoid a future crisis in the subprime auto lending industry that preys on those who could least afford it,» said Senator Hamilton, Chair, Senate Committee on Banks.

Unscrupulous auto dealerships often engage in lending practices that mirror the subprime mortgage crisis, and we need to take action now to protect our most vulnerable residents from being hurt by these deceptive practices,» said Senator Klein.

Following their experience with the mortgage crisis, banks can no longer accept the risks of lending to subprime borrowers.

Those were the warnings — from the recent financial crisis we had Bear Stearns, the failures in short - term lending (SIVs, auction rate preferreds, ABCP, etc.), Bank of America, Citigroup, credit problems at subprime lenders, etc..

Some experts are comparing the heavy hits the subprime auto lending companies have taken in the automobile sector to the subprime mortgage crisis of 2007 to 2010.

For a majority of his two terms in office, President Bush oversaw a period of exceptional economic growth in the United States — that is, until predatory lending practices plunged the nation in the subprime mortgage crisis and the Great Recession.

The lending and credit climates have tightened in the wake of the subprime mortgage meltdown and ensuing housing market crisis.

Nick Clements, co-founder of the comparison - shopping site MagnifyMoney, said that while credit card companies ventured back into subprime lending following the crisis, they did so less aggressively than auto lenders.

Auto delinquency rates edge close to the peak reached during the height of the financial crisis, fueling speculation that subprime lending is rife again.

Using an example from the recent financial crisis, you might recall how many economists, Fed governors, etc. commented on how subprime lending was a trivial part of the market, was well - contained, and did not need to be worried about.

The Financial Crisis Inquiry Commission formed by the US Congress in 2009 to investigate the causes of the 2008 financial crisis, concluded «the CRA was not a significant factor in subprime lending or the crisis».

As head of the consumer financial services enforcement and litigation practice at Skadden, Arps, Slate, Meagher & Flom, he's devoted much of the past year to defending banking and lending clients against litigation stemming from the subprime mortgage crisis.

Although the crisis was triggered by the subprime mortgage crisis in the US and the resulting global credit crunch, the primary cause of the banking crisis was imprudent lending practices by Ireland's largest domestic banks.

There have been reports recently about how the subprime auto lending market is the very similar to the subprime mortgage crisis and could very well be the next bubble.

A spike in home foreclosures tied to the subprime mortgage meltdown in 2007 has led to a crisis of confidence in the bond markets and slowed lending activity.

Though not the same, after the subprime, free - lending ways of the early - to mid-2000s, mortgage lenders created another «ability» crisis for buyers.

In essence, the Miami suits are follow - ons to the subprime mortgage crisis: creative legal attempts to hold banks accountable for predatory lending.

As in the savings and loan crisis and the dot - com bust, the frenzied lending environment of the past few years has led us to today's subprime mess.