Sentences with phrase «subprime lending point»
Critics of subprime lending point out that due to its nature, this type of loan is taken out by people who usually are not able to fulfill their payments and obligations.
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He pointed to the $ 40 billion worth of mortgage - backed securities that the U.S. Fed is buying each month, a policy designed to sop up many of the toxic subprime lending still weighing down the balance sheets of the nation's banks, but that Fisher warned is helping to fuel low mortgage rates.
The trend points at subprime lending as the culprit.