Sentences with phrase «only subprime lending»

Just a reminder that the stress in lending is not limited to only subprime lending.

Not exact matches

A credit score below about 650 means you qualify only for «subprime» lending — and that means higher interest rates.

Subprime lending is grabbing a lot of attention, but it is only a tiny portion of what goes on in our capital markets.

Demand for private student loan asset - backed securities increased not only co-signed, school - certified loans, but also subprime - style lending, where loans were often originated in excess of tuition and fees.

FHA currently offers the only alternative to high cost subprime lending to borrowers wishing to buy or refinance homes with a low downpayment and compromised credit.

Also, they didn't do any subprime lending, because they can't: the definition of a subprime loan is precisely a loan that doesn't meet the requirement, imposed by law, that Fannie and Freddie buy only mortgages issued to borrowers who made substantial down payments and carefully documented their income.

We have never been involved with «subprime» lending and only offer sound loans under flexible programs to qualified individuals.

Subprime lending becomes predatory lending only when lenders take advantage of borrowers, analysts say.

In an interview with CNBC on Monday, Watters said, «FHA requirements are down to a 520 FICO (credit score) and you only have to put 3.5 % down; that's subprime lending, and we're not in the subprime lending business.»

«FHA requirements are down to a 520 FICO (credit score) and you only have to put 3.5 % down; that's subprime lending, and we're not in the subprime lending business,» CNBC quotes Watters saying.

The subprime lending debacle wasn't the only blow to Florida's economy in the years before and during the downturn.