Sentences with phrase «after subprime»

In 2008 he admitted «shocked disbelief» over the failure of that approach after the subprime mortgage market collapsed, triggering the worst recession since the Great Depression.

Real estate took a pounding in home values and consumer confidence after the subprime mortgage crisis that started in 2007 spurred the financial crisis of 2008, deepening the 2007 - 2009 recession.

After the subprime lending fallout in the residential sector, investors began to scrutinize other investments.

«Real estate took a pounding in home values and consumer confidence after the subprime mortgage crisis that started in 2007 spurred the financial crisis of 2008, deepening the 2007 - 2009 recession,» Gallup reports.

Tighter underwriting is exactly what the market needs right now, economists say, because it brings the cost of financing back into alignment with risk, helping to restore confidence in housing after the subprime excesses.

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

Eight years after the subprime crisis, homeownership remains at its lowest level in 20 years, at just over 63 percent.

(Bloomberg)-- Eight years after subprime mortgages all but disappeared, U.S. buyers with bad credit can still own homes.

Bad credit card issuer's moves send interest rates lower — Interest rates on new credit card offers fell this week, according to the CreditCards.com Weekly Credit Card Rate Report, after subprime issuer Credit One tweaked some of its card offers... (See Rate report)

Lenders ratcheted up their requirements after the subprime mortgage meltdown.

In fact, after the subprime mortgage crisis of 2007 - 08, they became known as «liar loans,» because borrowers and lenders were able to exaggerate income and / or assets to qualify the borrower for a bigger mortgage.

Current credit underwriting guidelines, the ones published AFTER the subprime mortgage crisis, state that a mortgage lender must base his or her decision (regarding whether or not to issue a mortgage and how to price it) on the spouse with the lower credit score.

Getting a home renovation loan today is easier than right after the subprime crash.

That fear largely stems from the creation of the Consumer Finance Protection Bureau, a provision of the Dodd - Frank financial reform legislation enacted after the subprime mortgage debacle five years ago.

It got into trouble by selling guarantees on mortgage securities that forced it to pay billions of dollars after the subprime mortgage bubble burst in 2007.

If the issuers of that insurance have to start paying up, many analysts fear the same sort of falling dominoes of i.o.u.'s that cascaded through the financial industry after the subprime mortgage market collapsed in the United States in 2007 and 2008.

Not exact matches

In the past decade, Goldstein's three businesses, which include the subprime lender Enova, which he started a year after graduating college in 2004; real estate site and Inc. 5000 company Pangea Properties, and 2015 30 Under 30 listee lender Avant, have added 2,200 new jobs to the economy.

Adding insult to injury, shares of GE briefly fell below $ 14 each on Monday after news late Friday that the Justice Department could take action in connection with alleged subprime mortgage violations.

It followed a report last month by the Seattle Times newspaper and online BuzzFeed News accusing the largest U.S. mobile home builder of exploiting black, Latino and Native American borrowers by driving them into subprime loans they can not afford, and harming communities by repossessing homes after borrowers default.

Back in 2010 it paid $ 550 million to settle charges brought by the Securities and Exchange Commission that it mislead investors into buying a so - called synthetic collateralized debt obligation named Abacus, which was made up of a bundle of financial instruments tied to subprime mortgage bonds, many of which plummeted in value shortly after the deal was sold.

Earlier this week, the subprime lender saw its stock slump more than 75 percent after a profit warning.

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.

After years of rapid growth and stock price appreciation, New Century Financial Corporation, one of the largest subprime loan originators in the U.S.,...

IKB had to be bailed out several times by the German government after suffering billions of euros of losses sparked by its investments in U.S. subprime mortgages.

Recognizing the enormous investment potential created by the subprime crisis within the asset backed and mortgage backed sectors, the Hudson Cove Credit Opportunity Fund, Ltd was formed, one of the first funds of its size after the crisis, to extract attractive risk - adjusted returns.

After topping 6000 in August 2007 on the hype and hope of voracious consumer demand during the subprime debt bubble, the Chinese Shanghai Composite Index collapsed 74 % to 1585 by October 2008.

After Emrys Partners dissolved, Eisman became a vocal opponent of for - profit universities, comparing the ethics behind them to those of the subprime mortgage market.

If you want to increase the use of FHA mortgages here's the way to do it: Freddie Mac has announced that it will stop buying subprime loans in New York state after September 1st.

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.

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 paper matures within three months, and after that the fund doesn't hold any subprime debt, unless Wilson decides to buy more.

There are even lenders with «subprime» rates that specifically go after people with bad credit.

Today, most lending companies refer to the subprime mortgage as the, «Non-Qualified mortgage» in an effort to separate their loan products from the bad - label of «subprime» after so many sub-prime mortgage companies went out of business between 2006 and 2009

«It boggles the mind to see companies lobbying for a return to less regulated subprime mortgage lending... After what amounts to a nano - second in regulatory time, financial institutions are aggressively attacking many of the core Dodd - Frank reforms, including subprime mortgage protections.»

After the spring 2007 bounce, the subprime mortgage bond market started to fall again in early June, this time for good.

Few insurers bought any subprime residential securitizations after 2004.

TransUnion's analysis found that nearly 41 % of subprime consumers saw their VantageScore increase by 10 points or more after just one month of rent reporting.

For the reporting renter, 8 in 10 subprime consumers experienced an increase in their VantageScore one month into their new apartment lease and nearly 41 % of subprime consumers saw their VantageScore increase by 10 points or more after just one month.

These banks oversaw the accounting wizardry that transformed Pittman's mortgage and thousands of other subprime loans into investments sought after by some of the world's biggest investors.

After all, Merrill, as did Lehman, bought a subprime mortgage originator (First Franklin Financial, for $ 1.3 billion) when the market was already showing signs of distress.

A month after Zandi's report, Moody's rated Subprime XYZ.

Although second - chance auto loans are out there, even subprime lenders may want you to wait at least a few months after your repossession before they'll offer you a loan.

Some banks got spooked after record numbers of longer term loans and subprime loans started to comprise a greater portion of the auto loans in general.

After steadily outperforming in the field of risk arbitrage, Paulson predicted the subprime debacle and successfully bet against it using credit default swaps.

After loosing very much money by betting that the corporate bonds would fall in 2005 he started to search for new financial bubbles and finally discovered the beautiful world of the «Subprime Mortgages».

This guidance... underscores that the Federal Reserve and other banking regulators expect lenders to make sure subprime borrowers not only can afford their monthly payments while the introductory rate is in effect but also after the interest rate resets.»

In a similar category (although not Lev Loan collateral but non agency RMBS / Subprime securitization senior tranches), Ellington Financial is a buy even after the recent increase in price.

While losses from soured car loans would be far less than those on subprime mortgages, the red ink could still deal a blow to the banks not long after they recovered from the housing bust.

Even after subtracting bad loans, many subprime lenders still come out ahead of conservative rivals.

However, many of the consumers opening new cards are subprime cardholders who previously had a hard time qualifying for credit in the first several years after the Great Recession.