Sentences with phrase «of subprime crisis»

While millennials may have borne the brunt of the aftershock of the subprime crisis, it looks like homeownership in this segment is poised to rebound.

The ratings agencies are themselves facing mounting complaints that they have been too slow and opaque in their tackling of the subprime crisis.

But cause our own Canadian - brand of subprime crisis?

While MBS funds were at the heart of the subprime crisis, this product invests in liquid, stable bonds that are unlikely to default, pay out solid rates of interest, and provide valuable diversification benefits to a portfolio.

The World Savings Bank Institute, representing 92 countries, recently held «a summit in Brussels about financial education in light of the subprime crisis.»

The high risks incurred by hedge funds came to light at the start of subprime crisis when two Bear Sterns hedge funds, which were heavily invested in sub-prime derivatives, were almost wiped out on the back of plummeting assets.

Not exact matches

His books can alter the way the public thinks about and conceives of entire worlds, from baseball management to football pass protection to the subprime mortgage crisis.

One of his past shorts is NovaStar Financial, a U.S. subprime lender that fell apart amid the 2008 financial crisis, embroiled in lawsuits.

Goldman may be hoping that this new venture will soften its image and make it more popular with average Americans, but it's hard to forget its role in the subprime mortgage crisis that destroyed billions of dollars of value on Main Street, not to mention people's livelihoods.

The Oracle of Omaha first got involved with the Charlotte - based banking giant back in 2011, when investors began questioning whether Bank of America could deal with legal fees and liabilities stemming from the subprime mortgage crisis.

Bass is the founder and managing partner of Hayman Capital Management, where he gained a reputation for betting against subprime mortgages during the financial crisis.

Asked to make a case for the work of short sellers like himself, Muddy Waters» Block said in an e-mail to Canadian Business: «We think the real estate crisis [in the U.S.] could have been less severe had short - sellers felt comfortable enough to speak publicly about the problems they found with subprime lenders.

It took another 18 months for things to come to a head, but in an interesting historical note, the retired founder of Duquense Capital Management admits it was the report of a single Bear Stearns analyst in mid-2005 that set him on the track of the housing bubble and subprime crisis.

Examples from the last few years include the subprime mortgage crisis; the failure of the Peanut Corporation of America; the 2007 pet food scandal; lead paint on children's toys in 2007; melamine - laced Chinese milk products; contaminants in the drug Heparin; and dioxin - contaminated Irish pork.

Reminds me of the bad old days of the financial crisis, minus the subprime.

The U.S. subprime crisis happened when household and non-financial corporate credit was below 140 % of GDP.

In the wake of the subprime mortgage crisis that defined 2008, even the most risk - tolerant shareholders thought twice before focusing funds on the unpredictable and often turbulent market.

He was also forced to clean up other messes, including bad bets on U.S. subprime mortgages and structured debt that cost the bank more than $ 10.7 billion in writedowns from 2007 to 2009, the most of any Canadian lender during the financial crisis.

He shot to fame for his lucrative bet against subprime housing ahead of the global financial crisis in 2008.

Now, as Wall Street executives come under pressure from shareholders for their mounting subprime - related losses, Mr. Steel's mix of a Goldman pedigree and years in the thick of the government's effort to grapple with the housing crisis has made him a short - list regular on investment bank board committees looking for new leadership.

The theory is that the credit crisis in the United States might have been avoided if a central authority had seen the systemic danger posed by Wall Street's aggressive selling of securities backed by subprime loans and other complex financial products.

Over the next century and a half the company underwent numerous changes and engaged in several alliances and partnerships While the bankruptcy of Lehman Brothers did not cause the Great Recession or even the subprime mortgage crisis, its downfall triggered a massive selloff in the global markets.

Result: In 2007, the collapse of the housing market triggered the subprime mortgage crisis and a three - year - long global recession.

The case advances as foreclosures remain near record highs as a result of the 2008 financial crisis, which was set off by a collapse in subprime real estate financing.

Recall that Gary Gorton provides evidence that many of the CDOs and MBS were not subprime, but when the market panicked a liquidity crisis became a solvency crisis.

[4] Most worrisome is the warning of Janwillem Acket, chief economist for Julius Baer Group Ltd. (BAER), who claims that Switzerland could experience its own version of the subprime borrowing crisis, saying, «People who shouldn't be borrowing are now seriously considering entering the housing market.»

Derivatives were one of the primary causes of the subprime mortgage crisis.

Of course much of the global economic crisis a decade ago was due to the American government handing out subprime mortgages to consumers who couldn't afford to pay for the homes they were living iOf course much of the global economic crisis a decade ago was due to the American government handing out subprime mortgages to consumers who couldn't afford to pay for the homes they were living iof the global economic crisis a decade ago was due to the American government handing out subprime mortgages to consumers who couldn't afford to pay for the homes they were living in.

Paul Ferley, economist at Royal Bank of Canada, said the newly revised debt levels are close to the peak witnessed in the U.S. at the height of the subprime mortgage crisis.

Just as banks have had to write down large losses from the subprime crisis and other related problems, next will come a wave of potential losses from yet another source.

Recognizing the enormous investment potential created by the subprime crisis within the asset backed and mortgage backed sectors, the Hudson Cove Credit Opportunity Fund, Ltd was formed, one of the first funds of its size after the crisis, to extract attractive risk - adjusted returns.

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.

Although I eventually plan to talk about monetary arrangements that might make maintaining a steady flow of spending a lot easier than our present system does, for now I'm going to stick to discussing how the same goal might be achieved, at least in principle, in our present monetary system or, more precisely, in the system we had until the subprime crisis of 2008.

Now that many African Americans in cities like Atlanta were foreclosed on during the subprime crisis, many of them have bad credit as a result — which means they can't buy homes the traditional way, and so are being offered contract - for - deed payments once again.

-LRB-...) Originations of subprime loans have increased to their highest levels since the financial crisis, with quarterly volume reaching $ 40.3 billion in the second quarter of last year, up from a recent low of $ 14.9 billion in late 2009 and the most since the second quarter of 2007, according to Equifax.

(Bloomberg)-- Amid all the reflection on the 10 - year anniversary of the start of the subprime loan crisis, here's a throwback that investors could probably do without.

It would not take a forensic accountant to trace the origins of the global financial crisis to credit default swaps that were exposed to subprime mortgages.

Well just as expected, our stock portfolio (along with the investment portfolios of countless investors out there) is suffering through the rough patch brought about by the credit and subprime lending crisis.

«The fallout of the subprime mortgage crisis hurts taxpaying homeowners the most,» Klein said.

Even though the Bush administration authorised the TARP program in order to address the subprime mortgage crisis, Republicans resisted the Obama administration's efforts to resolve the financial crisis as it meant more spending, more debt and, most egregiously to the neo-liberal generation of Republicans, more government!

«As the chair of the Senate Committee on Banks, I take seriously these predatory practices that impact working class citizens who have already suffered through the subprime mortgage crisis.

How can he fix an economy he personally crashed as the father of the subprime mortgage crisis?

«No mention of the global financial crisis, no mention of Lehman Brothers and the subprime mortgages.

The government took Northern Rock into public ownership in February 2008 as a result of its financial problems caused by the subprime mortgage crisis.

«A lot of innocent bystanders were impacted by [the] subprime crisis,» State Senator Jeff Klein said.

Based on the non-fiction novel by Michael Lewis «The Big Short: Inside the Doomsday Machine,» the film tells the story of the build - up of the housing and credit bubble during the 2000s that led to the discovery of mass subprime fraud and the financial crisis of 2007 - 2010.

Abacus: Small Enough to Jail (Google Play, Amazon Video, iTunes, Vudu, YouTube) In the wake of the ruinous late - 2000s subprime mortgage crisis, the family - owned Chinatown bank Abacus Federal Savings faced harsh legal comeuppance while the well - funded giants were bailed out and deemed too big to fail.

The findings in the audit, specifically in regard to charter school relationships with CMOs, echo the findings of a 2015 study that warned of an impending bubble similar to that of the subprime - mortgage crisis one of the authors, Preston C. Green III, told Business Insider.

While the subprime mortgage crisis remains the epitome of what occurs when greed and corruption go unchecked, a growing number of experts and observers are warning that a new economic scandal is taking shape in the United States.

- Teddy Wayne, author of The Love Song of Jonny Valentine and Kapitoil «Laura Hemphill deftly pulls off a hat trick, offering readers an insider's clear - eyed take on the subprime lending crisis, a chilling look at the lives of women in banking, and a briskly entertaining coming of age story.»