Sentences with phrase «more subprime»

So while he pushed for more subprime loans, he also warned about subprime loans?

The most recent data identifies a worsening of this trend, as more subprime loans are delinquent prior to any payment change.

The lower score, in turn, attracts more subprime loans, resulting in a vicious cycle.

With more subprime auto loans going through, the industry may not be as far along the road to recovery as it seems.

Anything that encourages more subprime lending (and other high interest forms of debt) is in my opinion, a bad thing.

Paul Siegfired, senior vice president for TransUnion, commented that this uptick can also be explained by more subprime borrowers entering the card market — an event that occurs as banks relax their lending standards.

Cuomo was in the very center of the action when he pushed hard for more subprime loans to unqualified borrowers.

Higher FHA loan limits and flexible downpayment requirements would help more subprime borrowers refinance, particularly in high - cost areas such as California and the Northeast United States.

Next year, thousands more subprime mortgages, from Tampa to Tuscon, will be reset with much higher interest rates.

Studies have shown that women are more likely than men to have subprime mortgages, and Black and Latina women have more subprime home loans than white women.

According to the American Bankers Association's latest Credit Card Market Monitor, card issuers opened 30 percent more subprime credit card accounts in the third quarter of 2015 than the year before.

But until recently, late payments continued to drop, defying experts» predictions that delinquencies would rise as more subprime cardholders opened new accounts.

As a result of extensive nationwide consumer outreach, more subprime borrowers recognize they have a choice and are turning to FHA for assistance.

Their actions came in response to a significant loss of market share, and it is this loss of market share that motivated them to take on more subprime loans.

The Experian research also noted that more subprime borrowers are borrowing for new auto purchases.