Sentences with phrase «subprime home lending»

Oblivious to the recent debacle in subprime home lending, auto lenders have worked hard to develop the subprime (borrowers with credit scores below 640) auto loan market, offering seven and eight year loans and other strategies designed to make monthly payments low.

The biggest chunk, $ 118.35 billion, was a result of the subprime home lending meltdown.

Not exact matches

Many home buyers who would otherwise have to settle for commercial home loans with subprime lending terms qualify for FHA (Federal Home Administration) or VA (Veterans Administration) lohome buyers who would otherwise have to settle for commercial home loans with subprime lending terms qualify for FHA (Federal Home Administration) or VA (Veterans Administration) lohome loans with subprime lending terms qualify for FHA (Federal Home Administration) or VA (Veterans Administration) loHome Administration) or VA (Veterans Administration) loans.

The US Subprime lending crisis led to a decline in home values which undermined Caterpillar's consumer facing equipment sales.

Since other options such as subprime and ALT - A lending have since disappeared, many lenders have had no choice but to switch gears and offer FHA home loans.

Adjustable rate mortgage payments combined with decreasing home equity and tighter mortgage lending guidelines has triggered a severe credit crunch and all but wiped out the subprime market nationwide.

But blaming low - income families and casting them as unfit to own a home ignores decades of successful mortgage lending before the subprime boom — before reckless underwriting and aggressive marketing of unsustainable loans became common financial industry practice.

It is a complete turnaround from the terrible reputation subprime lending earned in the early 2000's when it primarily was used to buy homes.

U.S. Housing Market Real estate investment trust New Home Construction Subprime lending Equity REITs Mortgage REITs Credit Crunch

With the falling U.S. home prices, tightening credit markets, and the general economic uncertainty caused by the subprime lending fiasco, credit card issuers like American Express are facing declining consumer spending as well as the increased likelihood that some customers will be unable to repay their balances.

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.

While many often associate low down payment requirements with the subprime lending of the past, FHA home loans are really structured quite differently.

Home ownership was the fig leaf for the rise in subprime lending.

A spike in home foreclosures tied to the subprime mortgage meltdown in 2007 has led to a crisis of confidence in the bond markets and slowed lending activity.

REALTORS ® are all about helping people move, but the current subprime lending crisis has brought into clear focus the added value we can bring by helping home owners and future home buyers avoid having to move because they can't pay their mortgage.

Since 2008, federal regulations were put in place, mortgage practices — especially but not limited to subprime lending — have been tightened considerably, and home prices came back closer to earth in many markets.

«While loose lending standards in the mid-2000's led to the rise in subprime buyers who ultimately became distressed owners, falling home prices and rising unemployment resulted in a large share of prime borrowers also defaulting or going through a short sale,» he said.