Sentences with phrase «largest subprime lenders»

In late 2006 and early 2007, many of the largest subprime lenders closed shop, including Fremont, New Century, Ameriquest, and many, many more.
The first is Home Capital Group Inc. (TSX: HCG), Canada's largest subprime lender.

Not exact matches

With one of its largest lenders in trouble, the subprime mortgage industry needs the housing boom to keep going
By choosing to only buy homes from Fannie Mae, the lawsuit says, Harbour ended up with homes in areas that experienced the largest amount of foreclosures, which are the same communities targeted by subprime - mortgage lenders — communities of color.
Loan limits are often kept low, to no more than $ 10,000, but larger loans are granted by subprime lenders.
Take your case to online subprime lenders who specialize in borrowers who already owe a large amount of money.
Usually it's a combination of the two ** We will likely see a bucking of the trend of increased delinquencies in subprime auto ABS pools; tightening of underwriting standards will help auto lenders keep their funding costs lower * If there's a large macro event or shock, such as unemployment rates rising, there will actually be a much bigger impact to prime auto bonds rather than subprime.
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Shortly thereafter, large numbers of PMBS and PMBS - backed securities were downgraded to high risk, and several subprime lenders closed.
Lenders and hedge funds with large exposure to subprime loans have lost big.
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