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thus compensating lenders for their increased risk. Here are a few types of subprime mortgages: Between 1995 and 2001, subprime mortgage originations skyrocketed from $65 billion to $173 billion.
Whereas Fannie Mae and Freddie Mac were almost entirely "prime" mortgage lenders, the private label share grew in large part through the origination and securitization of high-risk subprime mortgages ...
Under its new and cynically misnamed “HomeReady” program, borrowers with subprime credit ... purpose for qualifying for a mortgage, but will not give mortgage lenders any actual claim against ...
(CNN) -- The NAACP filed lawsuits Friday against two of the nation's largest mortgage lenders -- HSBC and Wells Fargo -- alleging "systematic, institutionalized racism" in their subprime lending.
Alfaro, Laura, and Renee Kim. "U.S. Subprime Mortgage Crisis: Policy Reactions (B)." Harvard Business School Case 709-045, April 2009. (Revised June 2010.) ...
lenders and other financial companies play fair with consumers, is severely weakened, Americans shouldn’t be too worried about a repeat of the subprime mortgage crisis that led to its creation ...