Sentences with phrase «biggest subprime lender»

Countrywide was one of the biggest subprime lenders during the housing boom.

Not exact matches

How a former big bank subprime mortgage lender from Texas runs a successful, streamlined credit repair business.

Usually it's a combination of the two ** We will likely see a bucking of the trend of increased delinquencies in subprime auto ABS pools; tightening of underwriting standards will help auto lenders keep their funding costs lower * If there's a large macro event or shock, such as unemployment rates rising, there will actually be a much bigger impact to prime auto bonds rather than subprime.

However, lenders make bigger profits on subprime loans, interest rates are higher on subprime loans, subprime loans with high rates have been commanding higher prices in the secondary market and borrowers are dependent on loan officers to help them make financing choices — loan officers who get bigger commissions by marketing subprime loans.

Sallie Mae, the biggest lender to college students in the U.S., said it will stop approving private student loans to subprime borrowers who pose more credit risk.

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.

The Big Short shined a spotlight on banks and lenders that were selling subprime loans almost as fast as they could write them.

Largely because it comes with a lot of red tape and lacks a big choice in products, lenders rushed to fill the void with their much - riskier subprime loans.

Lenders and hedge funds with large exposure to subprime loans have lost big.

Recent moves by a few lenders to revive subprime mortgages have garnered headlines lately, but the bigger picture remains essentially unchanged: It is... >>