More than a third of Americans have a credit score that's considered subprime—here's what that means
If you have less-than-stellar credit, you may be classified as someone who is "subprime," which means your credit score is lower than what's required to get the best, or "prime," interest rates.
More Americans are falling behind on their car payments: The latest auto asset-back securities data shows that subprime ...
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 ...
If a lender considers you to have a greater risk of default than other borrowers, you might only qualify for what is known as ...
Despite the government‘s efforts to prop up real estate prices, the markets are having the last word. Commercial real estate ...
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 ...
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, ...
By adopting Open Banking data-driven underwriting models (sometimes referred to as cash flow-based lending), FinTech is ...
Shrinking on both sides of the balance sheet, BNK Banking Corp is putting its faith in “higher-margin lending”.
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