Sentences with phrase «as more subprime»

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Abramowicz foresees another sort of ripple effect in the event of a market correction: As homeowners with those short - term private subprime mortgages struggle to figure out how to refinance in a much more constrained market, they may opt to default and cut back on consumer spending.

As I mentioned last quarter, we are seeing some deterioration in the credit quality of applicants, but the majority of the increase is the result of our subprime partners providing more attractive offers to our customers.»

As with residential mortgages generally, subprime mortgages were even more set up for failure.

Lenders may cut standards more to grab market share as the pace of auto sales slow and the number of subprime borrowers stops expanding, the rating firm said.

Even though the Bush administration authorised the TARP program in order to address the subprime mortgage crisis, Republicans resisted the Obama administration's efforts to resolve the financial crisis as it meant more spending, more debt and, most egregiously to the neo-liberal generation of Republicans, more government!

As liquidity in the subprime market declines, however, we can expect FHA activity to expand as more homeowners look to FHA insured products to meet their needAs liquidity in the subprime market declines, however, we can expect FHA activity to expand as more homeowners look to FHA insured products to meet their needas more homeowners look to FHA insured products to meet their needs.

As a result of extensive nationwide consumer outreach, more subprime borrowers recognize they have a choice and are turning to FHA for assistance.

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.

I would have had a hard time passing up a subprime mortgage if I could have gotten one, as I can not see any other way I could ever own a home — and I am more financially literate than the average Amedrican.

Paul Siegfired, senior vice president for TransUnion, commented that this uptick can also be explained by more subprime borrowers entering the card market — an event that occurs as banks relax their lending standards.

With more subprime auto loans going through, the industry may not be as far along the road to recovery as it seems.

As the restrictions begin to loosen up, more and more people may end up deciding that they want to pursue a subprime mortgage.

in the process of offering schools complete packages of loans, Sallie Mae introduced subprime loans as the «baited hook» to gain access to its more profitable federal loan and primae loan volume.

This is especially true if you are a subprime borrower, as credit unions tend to have more lenient lending standards than banks.

As with residential mortgages generally, subprime mortgages were even more set up for failure.

With so much press fixated on the shortcomings of the subprime market and the loans which were spun off in that market, I suspect the more stable FHA backed loans will once again move to the forefront as a viable alternative, even with the cost of mortgage insurance.

-- Experts say they're a headache, issuers rarely offer it, yet the co-signed credit card may be making a comeback as a more - regulated industry searches for lost profits... (more) 4 questions to ask before you co-sign on a credit card — Explore alternatives and find out what you're in for with these questions for anyone who asks you to be a co-signer on a credit car or other loan... (more) Issuer of 79.9 percent interest rate credit card defends its product — Subprime credit card marketers are looking for ways around new restrictions on sky - high fees for bad credit cards.

As a result, investors in sound foreign banks and finance companies should feel confident in using any subprime - related market declines as opportunities to add more shareAs a result, investors in sound foreign banks and finance companies should feel confident in using any subprime - related market declines as opportunities to add more shareas opportunities to add more shares.

In 2004, as regulators warned that subprime lenders were saddling borrowers with mortgages they could not afford, the U.S. Department of Housing and Urban Development helped fuel more of that risky lending.

Jumbo lending, Alt - A lending and traditional mortgage lending had the same problems as subprime, just in a smaller way — but there was so much more of them.

One - third of women were more likely to receive a subprime loan as compared to only one - quarter of men.

A subprime score could even prevent a person from getting a job as employers are using credit history more and more to evaluate applicants.

[4][30] Private MBS grew primarily by lowering their standards and securitizing more low - quality, high - risk mortgages such as Alt - A, and subprime mortgages.

As prices drop and more people go into a severe negative equity position, defaults and foreclosures in Jumboland, which includes Jumbo Prime and Alt - A, will follow the path of Subprime.

For example, TransUnion estimates bank card ownership has reached its highest level in more than a decade as more consumers with subprime credit scores qualify for a new card.

Canadians are more conservative in their lending practices, not resulting in the same subprime disaster as witnessed in the U.S.,» says Robert Tatomir, broker of record and owner of Future Homes & Real Estate Ltd. in Leamington, Ont.

Thanks to programs such as those proposed by Fannie Mae and Freddie Mac to assist subprime borrowers, many lenders are more willing to offer loan modification options.

As the economy continues to improve and credit card performance remains strong, it's quite possible consumers in the subprime risk group could see more credit opportunities in the near future.»

More than three times as many black households as white relied on subprime loans to buy their home in 2004, Home Mortgage Disclosure Act data collected by the Federal Reserve indicates.