Sentences with phrase «about subprime»

100 % FALSE STATEMENT ABOUT SUBPRIME I received a copy of an internally circulated newsletter from a huge real estate firm with the following 100 % incorrect statement about subprime lending: «Subprime loans — the type that fueled the Financial Crisis — are making a comeback in a big way.
Did you see this article about the subprime portfolio lender Berkshire Hathaway owns?
Credit markets experienced a scare in the third quarter of last year when concerns about subprime mortgage defaults and writeoffs associated with securities backed by such loans roiled investors.
I watched a presentation earlier in which a nice young girl was forced to listen to Marc Morano declaim about subprime climate change science, and I thought, that's not the act of somebody desiring a civilized conversation.
Learn more about Subprime mortgages from the Consumer Financial Protection Bureau.
Hopefully, we've learned our lessons about subprime mortgages and snake - oil brokers who promise you can afford a house when you can't.
For more info call us today at 888.334.6636 and get free consultation or visit our website to know more about subprime lenders in Minnesota.
(I'm not talking about subprime here.)
I would write about subprime, but I feel that I would be adding to the din at this point.
Interestingly, the group was actually tipped off about the subprime mortgage crisis by receiving a wrong - number phone call from Greg Lippmann's assistant.
So while he pushed for more subprime loans, he also warned about subprime loans?
HAHAHA, yup I am sure that Harry Wilson was going to fess up to lying about subprime mortgages.

Not exact matches

Having briefly learned a very hard lesson about the perils of over-zealous lending, big banks are once again spinning out subprime mortgages at a furious pace.
His books can alter the way the public thinks about and conceives of entire worlds, from baseball management to football pass protection to the subprime mortgage crisis.
From the low - level shysters who peddled dodgy mortgages to the Wall Street investors who packaged them into securities and the investors who bought them, everyone involved in the subprime debacle always seems somewhat put - off when reminded that at root this was a crisis about actual people and their actual homes.
In 2007, Cramer went on a fiery rant, blasting then - Fed Chair Ben Bernanke and central bankers for their lack of knowledge about the risk that the subprime mortgage market posed to the financial system.
Asked to make a case for the work of short sellers like himself, Muddy Waters» Block said in an e-mail to Canadian Business: «We think the real estate crisis [in the U.S.] could have been less severe had short - sellers felt comfortable enough to speak publicly about the problems they found with subprime lenders.
«The bad news is there are people, not just subprime or near - prime but prime, prime - plus and super prime (affected) that lenders may not think about,» said Nidhi Verma, senior director of research and consulting for TransUnion.
Not long after she took charge in June 2006, Bair began sounding the alarm about the dangers posed by the explosive growth of subprime mortgages, which she feared would not only ravage neighborhoods when homeowners began to default — as they inevitably did — but also wreak havoc on the banking system.
About the U.S. Credit Conditions section The U.S. Credit Conditions section of the New York Fed's website offers interactive maps, as well as data on major forms of household credit such as installment loans, auto and student loan delinquencies, foreclosures, mortgage delinquencies and mortgage «roll» rates for subprime and alt - A mortgages.
Investors have been concerned about lingering liabilities from the Option One subprime mortgage business that Block shut down in 2007, as well as regulatory efforts to stop refund anticipation loans (RALs) and the growing trend of taxpayers preparing their returns online.
Much has been argued about the housing and subprime crisis.
About a third of those with scores between 351 and 500 — considered deep subprime by VantageScore — will see a change in their score.
That statement would clearly be more reassuring to Americans had not the largest bank in the U.S. in 2008, Citigroup, blown itself up while lying to the public and its shareholders about its exposure to subprime debt and holding more than $ 1 trillion in assets off its balance sheet.
Although I eventually plan to talk about monetary arrangements that might make maintaining a steady flow of spending a lot easier than our present system does, for now I'm going to stick to discussing how the same goal might be achieved, at least in principle, in our present monetary system or, more precisely, in the system we had until the subprime crisis of 2008.
«Think about this — in the US, our asset - liability mismatch at the peak of our subprime greatness was around 2 %!
We're thinking about the time Wall Street banks colluded on rigging prices on the Nasdaq market; or the time they rigged their research departments and told us to buy stocks that they were secretly callings dogs and crap; or the time they got S&P and Moody's to give them triple - A ratings on subprime pools of debt while keeping it a secret that they had internal reports showing the loans didn't meet their origination standards — and then they went out and secretly shorted that debt while continuing to sell it to their customers as a good investment.
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.
As I recall, the American subprime product offered a low interest rate on the front end as an slippery inducement that was structured to jump by about 4 %, not much later on.
At the peak of the housing bubble ten years ago, there was about $ 1.3 trillion worth of subprime mortgages in the financial system.
The Bible doesn't record any instance where someone asked Jesus about the morality of a subprime loan or the best way to reduce the deficit.
Andy Stanley, a prominent evangelical leader, said some in his congregation cheered when he launched a preaching series called «Recovery Road» to talk about politically touchy issues such as personal greed, the federal deficit and the sins of subprime loans.
In his book about the financial collapse, former BB&T Bank president John Allison describes Cuomo's pivotal role in creating the subprime meltdown.
I'd like to know every meeting Harry wilson attended as a partner at silverpoint to see if he's lying about his involvement with all the subprime mortgage investments — as the Daily News reported today.
According to the Times, subprime lending in 1997 represented about 25 percent of the company's business, while two years earlier, it was 10 percent.
A credit score below about 650 means you qualify only for «subprime» lending — and that means higher interest rates.
«The Big Short,» a comedy / drama about a Wall Street wild man who cashed in on the housing market and defaulting subprime home loans.
In July 2006 the ABX index that tracks credit default swaps based on AAA subprime tranches fell by about 45 % over the course of eight months.
As framing home ownership as the embodiment of the «American Dream» stoked the zeal behind subprime loans, a buzzword like «school choice» fuels charter expansion, making it difficult to create space for a reasonable national discussion about accountability.
The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do About It is a promising title for Princeton University Press.
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.
Despite the drop off in subprime loans, borrowers with the lowest credit ratings still hold over $ 210 billion in auto loan debt or about 20 percent of the $ 1.1 trillion in total outstanding debt.
A sharp increase in loans payments that are 90 days or more delinquent is thought to be behind the actions which, after several years of record subprime loan originations, is leading some market observers to talk about another financial bubble.
If you must use a buy - here - pay - here dealer / lender, or an online subprime auto lender, understand that they can get very paranoid about you missing even one payment.
The only real way to have any degree of certainty about whether the stock market will go up or down is to either have insider trading information (which obviously would be against the law) or if you were an immensely gifted trader that could identify trends that other investors were missing as Dr. Michael J. Burry did in 2007 when he accurately predicted the collapse of the US subprime mortgage industry (and overall housing market).
Also, If you decide to buy a car now under subprime financing terms, wait about 6 months after you have financed your vehicle, then refinance the subprime car loan at more favorable terms.
The World Savings Bank Institute, representing 92 countries, recently held «a summit in Brussels about financial education in light of the subprime crisis.»
Former SEC Chief Accountant Turner says investors have cause to be concerned about money market funds» holding subprime debt.»
Ask a representative about the availability for subprime 2nd mortgages.
About a third of those with scores between 351 and 500 — considered deep subprime by VantageScore — will see a change in their score.
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