Sentences with phrase «of nonprime»

Haughwout and Okah estimate that by December 2008, nearly half of all nonprime borrowers in these seventeen cities had negative equity in their homes.

Overall, the region had less penetration of nonprime loans into its housing market and therefore has lower mortgage delinquencies;

Research indicates that by 2007 the percentage of nonprime mortgages that went into default within their first year rose to 10 percent compared with 3 percent of such loans originated in 2003.

Not exact matches

However, as The Great Recession taught us (or should have taught us), there is also a place for nonprime / subprime mortgages at the center of an economic disaster.

New Jersey and parts of Long Island had more nonprime mortgage activity than the national average and now has more delinquencies and foreclosures than in much of the region.

The Federal Reserve Bank of New York today released Below the Line: Estimates of Negative Equity among Nonprime Mortgage Borrowers, a new forthcoming article in the Bank's Economic Policy Review series.

Green and Tao found an infinite set, call it x, consisting of all the primes as well as some nonprimes that have few divisors compared to their size, for which Szemerédi's result still holds.

But Sierpinski proved that the number 78,557 — and an infinite number of others now known as Sierpinski numbers — always spit out nonprimes.

I remember criticizing those investing in levered nonprime CP back when I was writing for RealMoney, but most of those investors are dead or gone now.

While tweaks to loan guidelines by the FHA, Fannie Mae and Freddie Mac offer opportunities to more borrowers, consumers with more complex financial circumstances or simply a lack of credit history can turn to «nonprime» lenders.

Because the bond funding of subprime mortgages collapsed, lenders stopped making subprime and other nonprime risky mortgages.

«It is possible that the slight increase in delinquencies year over year can be attributed in part to the increased share among nonprime borrowers of new accounts, but even so, delinquency numbers are not a cause for concern.

Yet, only six percent of home owners are nonprime borrowers with adjustable rate loans that are resetting to higher rates.

The UFA Default Risk Index measures the risk of default on newly originated nonprime mortgages.