Sentences with phrase «define subprime mortgage»
First, we'll need to define subprime mortgage.
https://www.bdnationwidemortgage.com/ Not exact matches
In the wake of the subprime mortgage crisis that defined 2008, even the most risk - tolerant shareholders thought twice before focusing funds on the unpredictable and often turbulent market.
Subprime real estate lending is generally defined as mortgages for individuals with weak credit.
«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.
BankRate defines a «subprime mortgage», as a home loan offered to people with credit scores under 620.
Also to claim that the temperature change is well defined even though the details are wrong is a statement that sounds like the assurances that we heard from bankers that subprime mortgages should be rated AAA.