Sentences with phrase «subprime market today»
In a similar vein, the FHA subprime market today depends on FHA's very liberal underwriting requirements.
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So today, the big players in the secondary mortgage market (like Freddie Mac) have changed their tune regarding subprime loans.
The subprime mortgages that targeted borrowers with less - than - perfect credit and led to financial turmoil 10 years ago do not play a role in today's real estate market.
«Lehman Brothers announced today that market conditions have necessitated a substantial reduction in its resources and capacity in the subprime space,» the firm said in a news release.