Not exact matches
The «officially tabulated» mainstream b.s. reports are not picking up the numbers, but the
large credit card issuers (like Capital One) and auto debt issuers (like Santander Consumer USA) have been showing a dramatic rise in troubled credit card and auto debt
loans for several quarters, especially in the sub-prime
segment which is now, arguably the majority of consumer debt issuance at the margin.
Capital One is one of the
largest lenders in the sub-prime
segments of the credit card and auto
loan markets.
However, most property buyers in the country opt for a home
loan, and this is one
segment which is soaring despite the overall gloom in the economy, as can be corroborated by the quarterly results of India's
largest mortgage lender Housing Development Finance Corporation.
In the Personal
Loan Segment ICICI Bank has a huge market presence, having the 3rd
largest portfolio, preceded by HDFC Bank & SBI.
These four cities are alike in the sense that U.S. national banks such as Morgan Stanley, JPMorgan Chase, Wells Fargo and Goldman Sachs are responsible for the
largest segment of
loans from the top 20 originators, originating about 40 percent to 50 percent of those
loans in each of these markets.
He says that debt funds are expanding into this
segment of the market, but are seeking to finance
larger loans with «duration.»
A conventional, or conforming,
loan is one not insured by the Federal Housing Administration (FHA) or guaranteed by the Veterans Administration (VA), two federal government agencies that make homeownership possible and generally more affordable for a
large segment of the population.