Sentences with phrase «from subprime lending»

On the other hand, if the availability and attractiveness of mortgages declines, as did during the fallout from the subprime lending crisis, renting an apartment becomes more appealing, so occupancy rates and rental revenue per apartment increase.

Not exact matches

When enough people do it, and you've got a bit of momentum from this massive credit echo boom, part of this whole boom in subprime and non-subprime lending has been underwritten by historically safe money.

Get back on the road today in a car from one of our national car dealerships that accept bankruptcy clients and specialize in subprime lending.

Albany, NY — Independent Democratic Conference Leader Senator Jeff Klein (D - Bronx / Westchester), Senator Diane Savino (D - Staten Island / Brooklyn), Committee on Consumer Protection Chair Senator David Carlucci (D - Rockland / Westchester) and Senator Jesse Hamilton (D - Brooklyn) introduced a legislative package on Monday to protect consumers from predatory and subprime auto lending.

Unscrupulous auto dealerships often engage in lending practices that mirror the subprime mortgage crisis, and we need to take action now to protect our most vulnerable residents from being hurt by these deceptive practices,» said Senator Klein.

It was common knowledge that «no doc» loans were absurd, and the adjustable rate schedules and prepayment penalties for subprime (and some conventional) loans were beyond impractical and more like homicidal (from a lending perspective).

Those were the warnings — from the recent financial crisis we had Bear Stearns, the failures in short - term lending (SIVs, auction rate preferreds, ABCP, etc.), Bank of America, Citigroup, credit problems at subprime lenders, etc..

This will protect you from the dangers of the subprime lending market.

Subprime lending is a dangerous market if you do not know how it works, thus, getting aid from an advisor is the smart way to go.

It is a complete turnaround from the terrible reputation subprime lending earned in the early 2000's when it primarily was used to buy homes.

Many consumers are good borrowers that do not fit into a perfect box so non-prime mortgage loans become very appealing when subprime mortgage lenders get the flexibility they need from the banks to loosen lending standards.

Today, most lending companies refer to the subprime mortgage as the, «Non-Qualified mortgage» in an effort to separate their loan products from the bad - label of «subprime» after so many sub-prime mortgage companies went out of business between 2006 and 2009

While the definition of subprime varies from lender to lender, most in the industry characterize it as lending to borrowers with credit scores below 620.

Using an example from the recent financial crisis, you might recall how many economists, Fed governors, etc. commented on how subprime lending was a trivial part of the market, was well - contained, and did not need to be worried about.

As head of the consumer financial services enforcement and litigation practice at Skadden, Arps, Slate, Meagher & Flom, he's devoted much of the past year to defending banking and lending clients against litigation stemming from the subprime mortgage crisis.

We have successfully represented officers and directors of banks, mortgage lenders (including those specializing in subprime loans), and other financial institutions in connection with regulatory matters and complaints brought against them arising from allegations of failure to observe their fiduciary duties, alleged fraud, alleged predatory lending practices, and other matters arising from their respective roles in guiding and leading the efforts in the marketplace of their institutions.

Yet, with homeownership already falling to 68.2 percent in the third quarter of 2007 from the historic high of 69.2 percent in the second quarter of 2004 and the tightening of mortgage loan credit in response to excesses of subprime lending, it's unlikely that the homeownership rate will increase in the near future.

Condo Loans Reacting to losses sustained during the wave of foreclosures resulting from the subprime mortgage market meltdown, FHA — along with Fannie Mae and Freddie Mac (also known as government - sponsored entities, or GSEs)-- tightened lending standards for condo loans across the board.

Don't let the headlines about foreclosure rates, subprime lending woes, and inventory gluts cloud your thinking about your profession: Instead, consider these silver linings from sales associate Michael J. Maher.

The FHA has made this change to protect themselves from the higher lending risks that are associated with subprime (bad credit) borrowers.

Subprime lending standards fell so far that from 2005 to 2007 the median subprime mortgage had no down Subprime lending standards fell so far that from 2005 to 2007 the median subprime mortgage had no down subprime mortgage had no down payment!

100 % FALSE STATEMENT ABOUT SUBPRIME I received a copy of an internally circulated newsletter from a huge real estate firm with the following 100 % incorrect statement about subprime lending: «Subprime loans — the type that fueled the Financial Crisis — are making a comeback in a SUBPRIME I received a copy of an internally circulated newsletter from a huge real estate firm with the following 100 % incorrect statement about subprime lending: «Subprime loans — the type that fueled the Financial Crisis — are making a comeback in a SUBPRIME I received a copy of an internally circulated newsletter from a huge real estate firm with the following 100 % incorrect statement about subprime lending: «Subprime loans — the type that fueled the Financial Crisis — are making a comeback in a subprime lending: «Subprime loans — the type that fueled the Financial Crisis — are making a comeback in a subprime lending: «Subprime loans — the type that fueled the Financial Crisis — are making a comeback in a Subprime loans — the type that fueled the Financial Crisis — are making a comeback in a Subprime loans — the type that fueled the Financial Crisis — are making a comeback in a big way.

Capital has backed away from lending to subprime borrowers, and the concern is that Congress will make it even harder for capital to get to borrowers who'll need it to refinance over the next couple of years,» says George.

Comments from Kevin Watters, CEO of Chase Mortgage Banking, earlier this week that the Federal Housing Administration's loan requirements look an awful lot like subprime lending incited quite the debate on social media over what exactly is subprime lending.