Sentences with phrase «of subprime mortgages»

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.
Alternatively, most stocks in the financials sector moved sharply lower during the collapse of the subprime mortgage market and the subsequent credit crisis in 2008 — 2009.
In the wake of the subprime mortgage crisis and subsequent collapse of financial stock valuations I made a few key observations that went against the trend of the past few years.
Today, in the wake of the subprime mortgage meltdown and ensuing foreclosure crisis, this no - down payment loan is more important than ever.
[1] HELOC abuse is often cited as one cause of the subprime mortgage crisis.
Since then, we have seen the collapse of the subprime mortgage market.
These days, nearly everyone speaks poorly of subprime mortgage loans.
The obvious advantage of the expansion of subprime mortgage credit is the rise in credit opportunities and homeownership.
In fact, we are planting the seeds for the next crop of subprime mortgage lenders right now.
At the peak of the housing bubble ten years ago, there was about $ 1.3 trillion worth of subprime mortgages in the financial system.
Many homeowners have ended up in foreclosure because of subprime mortgages.
These funds held a large number of subprime mortgages.
The problem isn't the mere existence of subprime mortgages.
$ 1.2 trillion is similar to the size of the subprime mortgage market back in 2008.
The concept of subprime mortgage lending was born during the housing boom that started toward the end of the 1990s.
The problem of subprime mortgages began in part because the government tried to increase homeownership for poor people and minorities by enabling private entities to offer more mortgages without assuming the risk.
With some 5 percent of subprime mortgage borrowers facing trouble and global investors wondering if prime mortgages remain a smart investment, these are indeed challenging times for real estate.
But the days of subprime mortgage lending are not gone forever.
Sadly, during the previous financial crisis, single women received an overwhelming share of subprime mortgages.
It announced a $ 1.9 billion write - down of its subprime mortgage holdings.
How can he fix an economy he personally crashed as the father of the subprime mortgage crisis?
The saga of subprime mortgages, home foreclosures, and persistent defaults in home loan mortgages continue.
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.
Anyway, we're back at it again, except this time instead of subprime mortgages being sold to baby boomers it's $ 400 pants being sold to millennials.
Get more information on the current size of the subprime mortgage market.
Sunday, March 02, 2008 Lawyers Close to Partnership - Evaluating Your Situation In Our Slowing Economy The crash of the subprime mortgage industry, rising gas prices, and a looming recession is having an impact on most sectors of the U.S.
The growth in terms of the private student loan market, which increased from $ 5 billion in the year 2001 to $ 20 billion in the year 2008, is almost similar to the growth of subprime mortgage loans during the same time.
With an unsubstainable increase in prices for Anoka Real Estate during the first six years of the 2000's, tied with the collaspe of subprime mortgages and low teaser rates in the spring of 2007, the real estate market imploded on itself.
The office, the people said, initially planned to sue JPMorgan as soon as Tuesday over accusations that the bank flouted federal laws with its sale of subprime mortgage securities from 2005 to 2007.
You say that the growing use of subprime mortgages during the boom years was not about spurring home ownership.
Sunday, March 02, 2008 Lawyers Close to Partnership - Evaluating Your Situation In Our Slowing Economy The crash of the subprime mortgage industry, rising gas prices, and a looming recession is having an impact on most sectors of the U.S.. MORE
Because the bond funding of subprime mortgages collapsed, lenders stopped making subprime and other nonprime risky mortgages.
In that case, led by the civil division of the United States attorney's office for the Eastern District of California, prosecutors found that JPMorgan flouted federal laws with its sale of subprime mortgage securities from 2005 to 2007.
Improprieties in the housing market and the rise of subprime mortgages was one of the chief causes of the collapse, and those predatory practices have been placed directly in the crosshairs of director Ramin Bahrani's new film 99 Homes.
Associates are starting to look like the equivalent of subprime mortgages for law firms — toxic assets they want moved off their books.
«University administrators are the equivalent of subprime mortgage brokers,» he says, «selling you a story that you should go into debt massively, that it's not a consumption decision, it's an investment decision.
For instance, the recession that ran from December 2007 to June 2009 grew out of the subprime mortgage crisis.
The bottom line that the House made inaccurate assessments about the cause of the subprime mortgage debacle.
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.
Ashcraft A and T Schuermann (2008), «Understanding the Securitization of Subprime Mortgage Credit», Federal Reserve Bank of New York Staff Reports, No 318.
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.
«The fallout of the subprime mortgage crisis hurts taxpaying homeowners the most,» Klein said.
The Gods that Failed also takes a keen eye to the securitisation of subprime mortgages and fully explains why the toxicity in the markets is there and how it spread.
In the recent case of subprime mortgages for example, many borrowers were unnecessarily steered to such mortgages because of easier underwriting guidelines and larger commission checks.
The Big Short follows the story of four groups who independently predicted the demise of the subprime mortgage market, thus profiting while the economy collapsed.
(Spreads were tight when the worst of the subprime mortgages were originated.)
On a recent day, they offered interest rates of 6.99 % to 8.99 % on one type of subprime mortgage and loan approvals within four hours.
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