Sentences with phrase «mortgage crisis because»

You don't hear to much about BB&T in terms of the mortgage crisis because this is a bank which acts differently.

AG Andrew Cuomo this morning rejected his rivals» suggestion that he is in part responsible for the subprime mortgage crisis because he pushed home ownership for low - income residents while serving as HUD secretary for the Clinton administration.

Not exact matches

Some mortgage experts have argued that community banks had lower nonperforming loans during the crisis because of the strong relationships with their customers, and the loans held on their balance sheets performed better.

It's a challenge for Canadians still struggling to cope with the record amounts of consumer debt they amassed after the 2008 financial crisis because lenders use their prime rate as a benchmark for setting some other short - term rates including variable - rate mortgages and lines of credit.

We originally called our housing problems the «subprime crisis» because we thought the whole problem was centered on low - quality mortgages.

It is also expected to account for an even greater share of the total industry revenue, this is because they require higher fees than those charged by hedge funds and declining popularity of other alternative asset vehicles in the aftermath of the subprime mortgage crisis.

It's interesting that Cuomo chose to use the word «disgusting», because it's one that his GOP opponent, Carl Paladino, has also employed to described what he alleges is the AG's role in the mortgage crisis when he was serving as HUD secretary.

Because this financial crisis wasn't just the result of decisions made in the executive suites on Wall Street; it was also the result of decisions made around kitchen tables across America, by folks taking on mortgages and credit cards and auto loans.

At 10 a.m., a new report will show black and Latino homeowners in the outer NYC boroughs remain in the grips of the foreclosure crisis because the value of their homes is less than the outstanding balance on their mortgages; Council members will call on the city to use eminent domain to seize «toxic» mortgage and modify them, City Hall steps, Manhattan.

Well, now that unemployment is way up, I wonder how many 15 - year mortgage holders are in a crisis because they lost a job?

If anything, the mortgage crisis actually allowed for additional rental stock to become available, because investors bought some of the houses that were lost in the crisis.

Think no - down - payment mortgages are dead because of the housing crisis?

Without straying too far into general economics, 15 year loans would also have averted the mortgage crisis of 2008, because more people would have had enough equity that they wouldn't have walked out on their homes when there was a price correction.

The agency said that the cuts were possible because of the bulk of the mortgage and housing crisis is over, and foreclosure rates have fallen to back to more traditional numbers.

Since the foreclosure crisis began in 2007, home equity loans have become next to impossible to qualify for, so many San Diego homeowners have shifted to FHA home loans for refinancing into a fixed rate mortgage and because cash out was available to 95 % for refinance and debt consolidation.

They have more cash on hand than many lenders because they weren't crushed in the way banks were during the home - mortgage crisis.

That's probably because lenders are easing up on the ridiculously strict underwriting requirements they slapped on home loans after their reckless lending of the early 2000s led to the mortgage crisis of 2008.

This is mainly because it had a lot to do with the housing and subprime mortgage crisis that wrecked the U.S. economy.

While credit unions, like others, got burned by underperforming mortgages during the crisis, they still generally remained more comfortable with slightly looser underwriting than lenders like banks because they know and answer to their members.

Jamie had been working as a mortgage loan originator, and because of the housing crisis, she was already seeing her income dwindling.

If you think you have no chance at getting a mortgage, then think again because superior credits repair services is here to help with any financial crisis you may have.

Second, because the U.S. economy was in the middle of a mortgage crisis, even the assets it could sell were difficult to unload.

In fact, after the subprime mortgage crisis of 2007 - 08, they became known as «liar loans,» because borrowers and lenders were able to exaggerate income and / or assets to qualify the borrower for a bigger mortgage.

9) Mortgage insurers and financial guarantee insurers — because of the laxness of accounting rules, they were able to offer guarantees significantly in excess of what they could pay in the deepest crisis.

(Washington Post) But banks got burned on these loans because people who couldn't scrounge up a down payment were more likely to default on their loans (duh), which is part of what caused the mortgage lending crisis.

This was related to the financial crisis of 2008 because hedge funds and others allegedly helped produce bad subprime mortgages on purpose so that they could buy insurance on them, and then profit when the home buyers failed to make payments.

If anything, the mortgage crisis actually allowed for additional rental stock to become available, because investors bought some of the houses that were lost in the crisis.

REALTORS ® are all about helping people move, but the current subprime lending crisis has brought into clear focus the added value we can bring by helping home owners and future home buyers avoid having to move because they can't pay their mortgage.

The report, titled «Enhanced Credit Data and Scoring: Deeper Insight into Mortgage Applicants,» notes that consumers used to pay mortgage debts first, but because of the recent financial crisis some consumers now treat paying other debts, such as credit card bills and car payments, as a higher priority to maintain personal financial liMortgage Applicants,» notes that consumers used to pay mortgage debts first, but because of the recent financial crisis some consumers now treat paying other debts, such as credit card bills and car payments, as a higher priority to maintain personal financial limortgage debts first, but because of the recent financial crisis some consumers now treat paying other debts, such as credit card bills and car payments, as a higher priority to maintain personal financial liquidity.

Because lenders tightened their standards for conventional mortgages, as a result of losses incurred during the crisis.