Sentences with phrase «mortgage meltdown»
The phrase "mortgage meltdown" refers to a situation where many people are unable to pay back their home loans, causing a big problem for the housing market and economy. Full definition
He founded his company at the height of mortgage meltdown in 2008.
thebalance.com
A spike in home foreclosures tied to the subprime mortgage meltdown in 2007 has led to a crisis of confidence in the bond markets and slowed lending activity.
The early 2000s are most often looked upon as the beginning of the subprime mortgage bubble which led to the devastating mortgage meltdown in 2008.
That went away to a great degree after the home mortgage meltdown.
The 2007 mortgage meltdown sent many agents running for the hills.
Today, in the wake of the subprime mortgage meltdown and ensuing foreclosure crisis, this no - down payment loan is more important than ever.
My latest book is More Mortgage Meltdown by Whitney Tilson and Glenn Tongue.
For anyone following my series of book reviews on the financial crisis my next book will be More Mortgage Meltdown by Whitney Tilson or This Time is Different by Kenneth Rogoff.
(The sub-prime mortgage meltdown stemmed in part from the fact that lenders started ignoring or downplaying credit scores in their desire to keep the money flowing.
From the article: «Federal Housing Administration loans once served a broad spectrum of borrowers until the subprime mortgage meltdown came along and pushed lenders... View Article
[7:01] The 1996 mortgage meltdown helped fine tune the business mission and highlighted who the clients were.
It was, after all, the secondary market that facilitated the residential mortgage meltdown.
The author of Busted: Life Inside the Great Mortgage Meltdown is an economics reporter of sixteen years standing for the New York Times.
It's obvious that EverBank is doing more than a few things right here, they were one of those institutions that sidestepped the subprime mortgage meltdown thereby keeping their powder dry.
(Notwithstanding the occasional mortgage meltdown national calamity, but that's a topic for someone else's blog...)
The financial education will not only put a stop to the ostensible mortgage meltdown but as well lead to reduced overall credit obligations.
We quickly designed new programs to inform and assist homeowners faced with the repercussions of a vexing global mortgage meltdown.
As the effects of the sub-prime mortgage meltdown reverberate across the continent, many homeowners are feeling the pain of losing their homes.»
With the housing and mortgage meltdown fresh in our minds, I felt like this was a way for me to really help older home buyers be able to purchase their retirement dream home without depleting a large portion of their retirement savings and not be burdened with having to make a monthly mortgage payment.
In the U.S., where the real estate market has experienced tougher times after the recent mortgage meltdown, financial drivers (39 per cent) edged out health care issues (29 per cent) as the No. 1 reason buyers were looking for multi-generational homes.
The Subprime Mortgage Meltdown of 2008 resulted in an analysis of money market funds by the SEC.
The shadow banking system may be the most worrisome financial issue in decades, added Pauly, even more problematic than the sub-prime mortgage meltdown that fueled America's financial crisis.
«Federal Housing Administration loans once served a broad spectrum of borrowers until the subprime mortgage meltdown came along and pushed lenders to tighten underwriting standards and credit score requirements.
Incomes are up, the stock market is soaring, and home prices have largely recovered from the mortgage meltdown.
That combination created the ripple effect of the mortgage meltdown during the 2008 financial crisis and nearly killed Citigroup.
Banks have spent years fighting the so - called QM and ability - to - repay rules that essentially banned the most egregious types of loans that helped spark the mortgage meltdown.
The company has also struggled under a raft of new regulations imposed on the financial industry after the mortgage meltdown.
And that's going to make it harder to bring successful suits against Wall Street advisers and ratings agencies over the subprime mortgage meltdown.
Interest rates plunged in 2008, when policymakers took drastic measures to stimulate growth in the wake of the mortgage meltdown and global recession.
The mortgage meltdown that started in 2008 made a lot of lenders reluctant to offer this type of financing.
Since 2000, investors have endured the bursting of the technology bubble, which began in March 2000 and bottomed out in September 2002, and the mortgage meltdown and recession in 2008 and 2009 — both unfriendly reminders that stocks are volatile.
ARMs have had a notoriously bad reputation because of the mortgage meltdown and subsequent recession.
Fast forward to the Mortgage Meltdown of 2008.
Are you sorry for lighting the fuse on the sub-prime mortgage meltdown that vaporized New Yorkers» 401k's?
A former Fannie Mae official agrees with allegations from AG Andrew Cuomo's critics that he had a hand in the mortgage meltdown.
Andrew Cuomo (AC) was the HUD Secretary who was a major influence in creating the mortgage meltdown which ignited the latest recession.
«The Big Short» is an inside look at the mortgage meltdown that began in 2007, that cost eight million jobs and an untold amount of foreclosures, and the men who knew it was coming.
They are one of the few big banks barely scratched by the subprime mortgage meltdown.
In 2008 the country took the first visible hit from the mortgage meltdown.
Interest rates plunged in 2008, when policymakers took drastic measures to stimulate growth in the wake of the mortgage meltdown and global recession.
Those types of loans are what caused the mortgage meltdown back in 2008 - 2009.
In the aftermath of the mortgage meltdown, conventional lenders have enacted tougher credit guidelines.
Some private - sector lenders concocted loan formats during the past decade which lead directly to the mortgage meltdown — can anyone say option ARM, interest - only financing or no - doc loan application?
A news release claiming 33,000 FHASecure refinances is not just wrong, it's an outrage, a distortion and a cover - up — evidence that the government is doing just about nothing to ease the mortgage meltdown.
The Monster is by far the most readable explanation of the mortgage meltdown, something everyone who has faced declining home values should read.