Sentences with phrase «in subprime mortgages»

Banks and lenders can assume some of the blame due to relaxed lending standards in the subprime mortgage market, but critics also lay blame on the government.

After the credit crisis and Great Recession, it seemed ridiculous to have thought that investing in subprime mortgages was a good idea.

The crisis began due to issues in the subprime mortgage sector.

Either way, the increase in subprime mortgages meant people could borrow a LOT more money to chase homes, if they wanted to anyway.

However, credit - market turmoil and spreading problems in the subprime mortgage business have raised concerns that some mergers and acquisitions could fail.

The study noted that delinquency rates for online loans have risen, and drew a parallel with rising late - payment rates in the subprime mortgage market between 2001 and 2007.

There is also more government regulation involved in subprime mortgages, helping ensure that they're better controlled than they once were.

The defaults by mortgage customers persist and the corresponding free - fall in the subprime mortgage market continue to capture the public's attention.

Sliwa said he had been a fan of Paladino's because he was willing to take AG Andrew Cuomo to task for his (alleged) role in the subprime mortgage crisis during his time as HUD secretary.

Countrywide Financial's Angelo Mozilo, under investigation for his role in the subprime mortgage meltdown, threatened to resign in 2007 unless the company let his wife fly with him and cover his personal taxes for the perk.

It held as assets of $ 118.9 billion in single - family loans, of which $ 52.9 billion were «option adjustable rate mortgages» (Option ARMs), with $ 16 billion in subprime mortgage loans, and $ 53.4 billion of Home Equity lines of Credit (HELOCs) and credit cards receivables of $ 10.6 billion.

Lehman's decision to shutter the lending unit, BNC Mortgage, makes it the latest casualty in the subprime mortgage meltdown that started earlier this year and rippled into the broader credit markets starting in late July.

BlackRock's Peter Fisher said Monday he does not see the risky end of the corporate fixed income market sinking the overall U.S. economy like the bust in subprime mortgages did during the Great Recession.

The turndown in house prices quickly led to a significant increase in subprime mortgage defaults.

BlackRock's Peter Fisher said Monday he does not see the risky end of the corporate fixed income market sinking the overall U.S. economy like the bust in subprime mortgages did during the Great Recession.

And although in the early 2000s, Greenspan presided over cutting interest rates to levels not seen in many decades, some criticized those rate cuts as contributing to a housing bubble in the U.S., which resulted in the subprime mortgage financial crisis that began in 2007.

Just as in the subprime mortgage market, poor lending decisions are causing serious hardship for borrowers and big losses to investors, but servicers» voluntary efforts to provide loan modifications are lackluster.

Markets can misprice risk, as investors in subprime mortgages discovered in 2008.

By The Economist: MARKETS can misprice risk, as investors in subprime mortgages discovered in 2008.

Having a score below 600, for example, would result in a subprime mortgage which would burden you with an even higher interest rate.

Abacus Federal Savings Bank is the only institution to face criminal charges for its role in the subprime mortgage fiasco.

Goldman Sachs has earned a reputation for taking risks in trading complicated products as a main player in the subprime mortgage derivatives that created an international financial meltdown a decade ago.

During the boom in subprime mortgages, US lenders thought they could manage their exposure to these risky borrowers by ensuring they would not remain customers for long.

Radio / TV personality and Guardian Angel founder Curtis Sliwa is taking aim at AG Andrew Cuomo, distributing a flyer that questions the would - be governor's role in the subprime mortgage scandal when he was HUD secretary.

«Since few other journalists are willing to question Andrew Cuomo in the subprime mortgage mess, I ambushed him outside his fundraiser last night at the Waldorf and gave out about 50 of the attached fliers to passersby before being thrown out by his security guards.

Did you bother to ask him for comment on the recent report that while he was partner, the company he was in had massive investments in subprime mortgages, a issue Harry Wilson criticized... Don't you agree the taxpayers deserve to know these records since it would be Harry Wilson making those investments should he be elected?

Many civil rights leaders and teachers called for leniency, and some wondered why black teachers in low - income neighborhoods faced racketeering charges when white Wall Street workers who were implicated in the subprime mortgage crisis did not.

Well, I can think of two things: First, insurance gets tossed out with financials, even though aside from the financial insurers, they don't typically share in the subprime mortgage or systemic risk concerns.

During the late 1990s and early 2000s, Washington Mutual decided to aggressively expand in the subprime mortgage lending field through the acquisition of existing mortgage companies at a time when other financial institutions were leaving.

Sowood's troubles follow on the heels of news two large Bear Stearns funds had essentially lost all of their capital in the subprime mortgage market.

It started last summer in subprime mortgages, and by February had spread to most debt markets, including auction - rate securities, where many nonprofits, like MEFA, borrow funds.

Redemption notices began piling up weeks ago at hedge funds that specialize in subprime mortgages after two prominent Bear Stearns funds collapsed.

«Every time you turn around they're changing their minds about what's going to happen in the subprime mortgage market.»

The culprit was a small stake in subprime mortgage securities, which, according to Morningstar, amounted to 2.5 % of the fund earlier this year.

Turbulence in the subprime mortgage sector had not yet grown into a global economic downturn, but Davies knew that the legal services market was already changing.

Hat tip to Consumer Law & Policy Blog for alerting us to a new report from Navigant Consulting tracking trends in subprime mortgage litigation.

Sources: «ACLU sues Morgan Stanley alleging discrimination in subprime mortgages,» Chicago Tribune, (Oct. 15, 2012) and «A.C.L.U. to Sue Morgan Stanley Over Mortgage Loans,» The New York Times, (Oct. 15, 2012)

Invested in subprime mortgage - backed bonds in 2007.

Stock prices for the entire REIT sector have tumbled in recent months as investors have fled everything related to real estate in the face of the sagging housing market and concerns about the debt markets that started with the blowup in subprime mortgages.

Unlike wild risk takers investing in subprime mortgages — low - quality loans to borrowers with iffy credit — Thornburg stuck to high - quality assets.

It had non-performing assets of $ 11.6 billion, including $ 3.23 billion in payment option ARMs and $ 3.0 billion in subprime mortgage loans.

«Over the last several months, this Committee has been watching the growing problems in the subprime mortgage market.

Like a lot of other problems these days, much of the blame is being laid on the meltdown in the subprime mortgage sector and the bursting of the single - family housing bubble.

Goldman may be hoping that this new venture will soften its image and make it more popular with average Americans, but it's hard to forget its role in the subprime mortgage crisis that destroyed billions of dollars of value on Main Street, not to mention people's livelihoods.