Sentences with phrase «in subprime lending»

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.

The second are mortgage banks in the subprime lending business.

Those higher interest rates are fueling the growth in subprime lending.

The reasons for the retreat in subprime lending likely go beyond just concerns about credit deterioration.

In this situation, you should consider commercial mortgage companies that specialize in subprime lending, or look for bridge, soft or hard money loans.

In an interview with CNBC on Monday, Watters said, «FHA requirements are down to a 520 FICO (credit score) and you only have to put 3.5 % down; that's subprime lending, and we're not in the subprime lending business.»

However, we never participated in subprime lending.

For example, the revival of investor interest in subprime lending bodes well for the OneMain Financial unit, currently inside Citi Holdings.

One of the many charges against Navient was that they were engaging in subprime lending with borrowers they knew would likely default on the loans.

Remember, our state was arguably the hardest hit by the mortgage crisis, and much of that was because California participated heavily in the subprime lending phenomenon throughout 2001 to 2007.

The Financial Crisis Inquiry Commission formed by the US Congress in 2009 to investigate the causes of the 2008 financial crisis, concluded «the CRA was not a significant factor in subprime lending or the crisis».

Home ownership was the fig leaf for the rise in subprime lending.

The falloff in subprime lending has been particularly dramatic among black and Hispanic borrowers.

There is a multitude of creditors who actually specialize in subprime lending — and they are eager to loan money to individuals who have bad credit.

«The consumer credit markets have been functioning extremely well the last few years, but an increase in subprime lending has begun to impact delinquency levels for some industries, specifically the auto finance and credit card markets,» said TransUnion's Nidhi Verma in a news release.

«FHA requirements are down to a 520 FICO (credit score) and you only have to put 3.5 % down; that's subprime lending, and we're not in the subprime lending business,» CNBC quotes Watters saying.

Here at Auto Credit Express we work with dealerships that specialize in subprime lending.

«We geared up with staff that specializes in subprime lending,» Eisner said.

The first two months of 2018 showed a 9 percent decrease in new car sales to those in the subprime lending category.