Sentences with phrase «subprime mortgage loans during»

The growth in terms of the private student loan market, which increased from $ 5 billion in the year 2001 to $ 20 billion in the year 2008, is almost similar to the growth of subprime mortgage loans during the same time.

Not exact matches

Just like subprime mortgage lending dragged so many American homeowners underwater during the housing crisis, some private lenders aggressively marketed their loans to students who weren't financially fit to support them.

During his campaign, he said, «The student debt crisis is the next subprime mortgage crisis;» he continued, «Get the government out of the student loan business.»

But much like the country's private lenders during the first several years of the present century, Fannie Mae and Freddie Mac's drive to increase profits helped create the housing bubble (thanks to lowered underwriting standards, approvals for subprime borrowers and the bundling of loans into mortgage - backed securities).

During the fourth quarter of 2009, the foreclosure inventory rate for prime loans reached 3.31 percent, FHA mortgage foreclosures were at 3.57 percent, subprime borrowers were at 15.58 percent and those in the VA loan were at 2.46 percent.

While delinquency rates increase during the early life of a loan pool, this worsening trend confirms our initial assessment that very weak underwriting and mortgage origination fraud, and not simply payment resets, has been the primary cause for elevated subprime loan delinquencies for loans originated through at least the middle of 2007.

«Many subprime loans during the housing bubble were made by nonbank mortgage brokers.

But during the early and mid-2000s, high - risk, or «subprime,» mortgages were offered by lenders who repackaged these loans into securities.

Condo Loans Reacting to losses sustained during the wave of foreclosures resulting from the subprime mortgage market meltdown, FHA — along with Fannie Mae and Freddie Mac (also known as government - sponsored entities, or GSEs)-- tightened lending standards for condo loans across the bLoans Reacting to losses sustained during the wave of foreclosures resulting from the subprime mortgage market meltdown, FHA — along with Fannie Mae and Freddie Mac (also known as government - sponsored entities, or GSEs)-- tightened lending standards for condo loans across the bloans across the board.

More than 2 million subprime mortgage loans that lenders made during the boom years are in foreclosure, putting at risk $ 164 billion in wealth accumulation, the Center for Responsible Lending says in a study.

During the boom, loan officers could make 2 to 3 times more money selling one subprime mortgage versus one prime mortgage.