Sentences with phrase «bubble popped loan»
When the housing bubble popped loan defaults multiplied.
http://www.centralcoastlending.com/ Not exact matches
After the housing bubble popped a decade ago, Congress outlawed BPOs as the primary way to value a home for the purpose of getting a loan.
Since there is very little repayment risk with student loans, how will the student loan bubble pop?
Arguments rage about whether we are in an auto - loan bubble now, and there is certainly some evidence suggesting that we are, but remember that you can only define a bubble after it has popped.
After the bubble pops, it becomes a question of what the underlying assets can be liquidated for, allocating losses mercilessly according to the loan documents and bankruptcy priority.