The subprime meltdown includes the economic and market fallout following the housing boom and bust from 2007 to 2009.
In the suburbs of Wichita, Kansas, local homebuilder Carl Harris used to charge homebuyers around $330,000 for one of his new ...
CBO examined a sample of federal student loans that entered repayment between July 2009 and June 2013 to measure the extent ...
fstop123/Getty Images Subprime rates are higher than average interest rates charged to subprime borrowers, such as on loans to people with poor credit scores. Subprime rates will be higher than ...
Investors were on the lookout for new, post-technology bubble investment opportunities, which they found in the form of loans to high-risk homebuyers, known as subprime mortgages. During this ...
I was simply amazed. I was not aware of the scale of distribution of subprime mortgages to the world. I was amazed at the interest on the part of investors to invest in a product that was highly ...
Bad loans and guarantees will cost taxpayers $65.2 billion in fiscal 2025.
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, ...
CarMax partner Exeter Finance makes high-interest loans to people with troubled financial histories. It allows borrowers to ...
While there, SAFCO said Ortega transformed the organization’s approach to customer service, shifting from a traditional ...
The following editorial appeared in The Wall Street Journal. It does not necessarily reflect the opinion of The Tribune-Democrat.
The share of condo associations that will be considered subprime borrowers once the new laws take effect “is going to be enormous,” according to Bruce Rodgers, CEO of Tampa-based LM Funding ...