However, if a subprime mortgage is the only way you can become a homeowner, this type of loan might be worth the downsides. Consumer protections are more robust now than they were during the ...

There are multiple types of subprime mortgage loans. However, one particular type of loan -- an adjustable-rate mortgage -- is especially common for subprime mortgages. Many subprime mortgages are ...

Here are a few types of subprime mortgages: Between 1995 and 2001, subprime mortgage originations skyrocketed from $65 billion to $173 billion. 80% of subprime loans were adjustable-rate mortgages ...

Read on to find out more… Subprime loans are intended for those who may struggle to meet a steady repayment schedule. When it comes to car finance, there’s no distinct cut-off point where a ...

Your borrower risk profile can fall into one of the five following categories: super-prime, prime, near-prime, subprime and deep subprime. Consumers who classify as deep subprime fall into the ...

The mortgage market turbulence is as much about the breakdown of the structure of U.S. financial markets as it is about bad debt How could a modest increase in seriously delinquent subprime mortgages, ...

"Whenever there is an uptick in the number of loans to subprime and deep-subprime customers, there is the potential for a 'sky is falling' type of reaction," said Melinda Zabritski, Experian's ...

The word "subprime" sends chills down the spines of anyone who lost money during the financial crisis. A couple years ago, mortgage loans to subprime borrowers - those are the people with the ...

Auto lenders are likely to respond by making subprime auto loans harder to get, said Matt Komos, vice president, research and consulting for Chicago-based TransUnion. “There is less percentage ...

A new “zero-down” mortgage program has sparked concern of fueling another housing bubble given its similarities to the disastrous subprime loans that contributed to the 2008 housing market crash.

In this case, the feds want to know the division's criteria when securitizing subprime loans. Subprime auto loans have been on the upswing this year, despite the recent financial crisis.