Sentences with phrase «subprime lending terms»

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) loans.

Not exact matches

In the 1980s, 1990s, and 2000s, banks started lending more to African American buyers, but these buyers were frequently targeted by subprime loans with high interest payments and terms that were difficult to fulfill.

Those were the warnings — from the recent financial crisis we had Bear Stearns, the failures in short - term lending (SIVs, auction rate preferreds, ABCP, etc.), Bank of America, Citigroup, credit problems at subprime lenders, etc..

For a majority of his two terms in office, President Bush oversaw a period of exceptional economic growth in the United States — that is, until predatory lending practices plunged the nation in the subprime mortgage crisis and the Great Recession.