Sentences with phrase «for subprime borrowers»

Mortgage lenders charged higher interest rates for subprime borrowers.

Both of them offer decent terms for subprime borrowers.

Because of those losses, lenders felt compelled to increase the requirements for subprime borrowers.

One idea is to make NO loans available for subprime borrowers, thus solving the problem of undue lender risk.

Some lenders will refuse to work with you at all, but there are companies that offer loans specifically for subprime borrowers.

Increased opportunities for subprime borrowers to own homes, cars, and other things that they wouldn't be unable to fund on their own.

WASHINGTON — The Bush Administration today announced additional mortgage assistance for subprime borrowers who are at risk of foreclosure.

While many delinquencies have been caused by adjustable rate mortgages for subprime borrowers or with gimmicky features which caused payments to reset to unnaturally high levels, the rise in ten - year Treasury yields is a warning that a broader population of mortgage holders could face higher mortgage rates.

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.

Subprime Credit Cards for Consumers with Poor Credit Subprime credit cards are designed for subprime borrowers — that is, consumers who have had some difficulty in the credit department and may be considered «high risk» by potential creditors.

Access to credit fell in 2008 and 2009, particularly for subprime borrowers, but the impact of the recession is the likely culprit, the study said.

In the last boom, the Department of Housing and Urban Development forced the GSEs to compete for subprime borrowers with both the Federal Housing Administration and private lenders.

But much like the country's private lenders during the first several years of the present century, Fannie Mae and Freddie Mac's drive to increase profits helped create the housing bubble (thanks to lowered underwriting standards, approvals for subprime borrowers and the bundling of loans into mortgage - backed securities).

According to HUD's 2009 budget summary, «in August 2007, the Bush Administration introduced FHASecure as a refinance option for subprime borrowers who have good credit histories but can not afford their current payments.

Higher interest rates could be disastrous for subprime borrowers, piling costs onto already tight budgets

Standards for your subprime borrowers will stay high, as they should.

For a typical consumer, that shift can translate to their monthly payment more than tripling, a particular burden for the subprime borrowers that often took out these loans.

For subprime borrowers, personal loans may be available from some online lenders, but the interest rate charged for the duration of the loan is often high.

Plus you aren't subject to a prepayment penalty which could be a big plus for subprime borrowers.

In fact, the ratio of these lending increased to 41 % in 2011 with banks spending almost 1.1 million for loans for subprime borrowers.

The average rate was much higher, 16.27 %, for subprime borrowers.