Sentences with phrase «like subprime lending»

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.

Take on additional credit risk, like subprime lending inside the life companies through securities lending.

Widespread financial shenanigans during the run - up in house prices in the early 2000s — like subprime lending and dodgy approvals — resulted in a very painful housing crash and recession.

Not exact matches

Just like subprime mortgage lending dragged so many American homeowners underwater during the housing crisis, some private lenders aggressively marketed their loans to students who weren't financially fit to support them.

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).

I pushed back, exclaiming that I have never seen such horrible loan products as the predatory student loans that were issued like candy during the heyday of subprime lending.

The majority of the loans being subprime loans worries me... it sets people up for failure, just like the mortgage lending practices used to.

With the falling U.S. home prices, tightening credit markets, and the general economic uncertainty caused by the subprime lending fiasco, credit card issuers like American Express are facing declining consumer spending as well as the increased likelihood that some customers will be unable to repay their balances.

And I would like to ask Dr. Jones - DeWeever if you could tell us a bit about your research concerning subprime lending and racial and gender disparities in the distribution of subprime loans?

«With this lawsuit, real victims of the subprime lending scandal are stepping forward to hold investment banks like Morgan Stanley accountable for the devastation the banks wrought in their lives and in our economy,» said ACLU Executive Director Anthony Romero.