Sentences with phrase «subprime lending became»

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

Not exact matches

On the other hand, if the availability and attractiveness of mortgages declines, as did during the fallout from the subprime lending crisis, renting an apartment becomes more appealing, so occupancy rates and rental revenue per apartment increase.

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.

Many consumers are good borrowers that do not fit into a perfect box so non-prime mortgage loans become very appealing when subprime mortgage lenders get the flexibility they need from the banks to loosen lending standards.

Fannie and Freddie became fairly large players in the subprime market, and they got that way by following the rest of the market down in lowering lending standards, etc..

Many of these lenders began to focus almost exclusively on this type of lending practice, thus they became known as subprime lenders.

Prior to the 2008 housing crash, predatory lending and subprime mortgages were becoming the norm either in practice or in process.

«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.