Sentences with phrase «as subprime financing»

Not exact matches

Big Banks Find a Back Door to Finance Subprime Loans: Lending to nonbank financial firms surges to record as banks avoid direct exposure

The case advances as foreclosures remain near record highs as a result of the 2008 financial crisis, which was set off by a collapse in subprime real estate financing.

But let's say that somehow the example offered by The Street is reasonable, then we would need to ask why — exactly — FHA loans should be regarded as «subprime» financing?

We usually think of subprime loans as financing for individuals with weak credit, say those with credit scores below 620.

As to subprime loans, they're being replaced with FHA financing.

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.

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.

If you can't get financing through the dealership due to your poor credit history, you can look for lenders that specialize in subprime auto loans, such as the ones listed above.

«Subprime mortgage lending» is best defined as offering financing to an individual with poor credit, low income, limited documentation, or a combination of all those things, who generally wouldn't qualify for a mortgage at standard market interest rates or at all.

Subprime loans are used as a way to offer financing to individuals with poor credit, low income, or limited credit history who don't qualify for conventional loans.

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.

One thing to look out for when applying for a new credit card to finance a pressing dental bill is that most subprime credit cards come with an annual fee that will be charged as soon as you open the account.

That they are limping along should be no comfort, because those that they presently rely on for financing will eventually have to give up, much as those snatching up bargains in subprime had to give up when the financial crisis hit.

Outstanding subprime auto debt (classified in the chart below as debt held by borrowers with origination credit scores under 620) now stands at about $ 300 billion... Since 2011, the overall delinquency rate of loans originated by auto finance companies has significantly deteriorated.

In the financial sector, Evansville, Indiana — based Springleaf Finance, the subprime lender owned by Fortress Investment Group, has hired Dewey & LeBoeuf and Skadden, Arps, Slate, Meagher & Flom as it seeks to restructure its operations, Reuters reports.