Sentences with word «subprime»

These days, nearly everyone speaks poorly of subprime mortgage loans.

A growing volume of subprime loans in recent years has resulted in record - level defaults as borrowers struggle to make the higher payments.

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.

In fact, the ratio of these lending increased to 41 % in 2011 with banks spending almost 1.1 million for loans for subprime borrowers.

This crisis of subprime lending has had far - reaching effects.

Applying for loans with subprime lenders may improve your chances of approval but you're probably selling yourself short.

But within those statistics was an increase in the «subprime market» — the borrowers with poor or bad credit.

In the second quarter of 2017, just 9 % of all mortgages were issued to borrowers with subprime credit scores.

Those rates are notable, in part, because they are even higher than the average maximum rate for subprime credit cards.

To ensure that borrowers are able to pay their loans, lenders offer subprime auto loans with longer repayment periods.

That set off a collapse in the market for subprime mortgage securities, a crisis that nearly brought down the financial system.

Perhaps we should look at a bull on subprime lending?

All of these cards are typical of subprime cards in that they require a money upfront, which may include application fees, annual fees or processing fees.

As a result, mortgage rates provided by subprime mortgage lenders will be much higher than those at standard lenders, all else being equal.

Many subprime consumers turn to secured credit cards in hopes rebuilding their credit.

Much of the increase in total auto loan balances came from an increase in prime auto loans, even as subprime auto loans declined.

In our first report, we highlighted the high level of delinquency for adjustable rate subprime loans before any «reset» of their interest rate to a higher level.

People with deep subprime credit scores have very limited options when seeking credit.

Much of the ABS collateral is subprime residential mortgages.

Anything under 600 can get you into subprime lending territory, where you really don't want to be.

Problems for borrowers with subprime home loans are now spreading into more conventional home mortgages.

Such payment failures would normally doom a loan application or force a borrower to use subprime financing at steep rates.

Many subprime credit cards (those designed for cardholders with poor credit) will also be ineligible to receive balance transfers.

Taking on subprime debt for buying a car is simply a bad financial decision.

The inherent problem in offering subprime mortgages is that the very people who need them are the same individuals who will probably have the most trouble making their mortgage payments each month.

This time, it's not subprime lenders helping to push up prices, but easy - money government policies and billion - dollar hedge funds.

Hopefully, we've learned our lessons about subprime mortgages and snake - oil brokers who promise you can afford a house when you can't.

Most consumers with problem credit scores are considered subprime borrowers.

The small number of offers sent to consumers with imperfect credit shows that issuers still aren't going after subprime consumers nearly as aggressively.

Don't assume you can only qualify for subprime car loans.

Take on additional credit risk, like subprime lending inside the life companies through securities lending.

By 2005, many lenders dropped the required FICO score to 620, making it much easier to qualify for prime loans and making subprime lending a riskier business.

These days millions have turned to «buy here, pay here» car lots because subprime loans to buy cars are harder to find.

With more subprime auto loans going through, the industry may not be as far along the road to recovery as it seems.

This started in the years 2006 and 2007, a not surprising fact since those were the years when subprime lending activity started to rise.

Those with less - than - stellar credit scores and track records are having a harder time getting subprime loans from lenders because of the default rates.

This means most prime credit card issuers won't feel comfortable offering you unsecured credit, so your credit card options will likely be limited to secured credit cards or subprime unsecured credit cards.

That protects the card issuer since subprime cardholders and those without credit management experience are more likely to carry balances.

Unlike mortgage - backed securities, solar bundles do not include subprime loans.

What is this so - called subprime mortgage crisis I keep hearing about on TV?

Below is our list of the types of subprime personal loans you should avoid, and why.

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

If the private markets have adequate liquidity and they choose not to buy subprime loans or whatever, then that means the market is making a decision that the assets are priced too high.

The company expanded into retail banking in 2005 with a focus on subprime customers.

First, most subprime mortgages were designed in a way that created rollover risk.

If you do receive a loan or open a new credit card, you'll receive subprime interest rates.

With a lower credit score, you may not receive the same perks, but there are still options and advantages for subprime applicants.