New Program for Buyers, With No Money Down - New York Times


New York Times
New Program for Buyers, With No Money Down
New York Times
Moreover, they say, the housing market needs such nontraditional lending, as long as it is done prudently. “This is subprime lending done right,” said John ...
Fannie Mae tries to stimulate market for foreclosed homes Los Angeles Times

all 20 news articles »

continue reading

HSBC sells US car loans business to Santander - Financial Times


RTT News
HSBC sells US car loans business to Santander
Financial Times
The deal represents a further scaling down of the British bank's ill-starred involvement in US consumer lending, which went sour when the subprime lending ...
HSBC Exits US Auto Finance Business TheStreet.com
HSBC sells US auto finance units to Santander The Associated Press

all 203 news articles »

continue reading

Obama Concentrates on Economy as Election Nears - CBS News


CBS News
Obama Concentrates on Economy as Election Nears
CBS News
Subprime lending offered high-cost loans to the weakest borrowers during the housing boom that lasted from 2001 to 2007. Subprime lending was at its height ...

and more »

continue reading

Foreclosures in state hit Latino homes hardest - San Francisco Chronicle


Star Global Tribune (blog)
Foreclosures in state hit Latino homes hardest
San Francisco Chronicle
"The data shows that high-cost loans correlate with foreclosures and that there was a big presence of subprime lending to the (Latino) demographic and in ...
Mercury News editorial: Consumer financial agency must be set up to police ... San Jose Mercury News
Revealing the racial makeup of California's foreclosures San Francisco Chronicle (blog)
Minorities hit hardest by foreclosures Inman.com
PR Newswire (press release) - Sacramento Bee - Bizjournals.com
all 126 news articles »

continue reading

Local Literary Horizon Filled with Fellatio, Famine, and Subprime Loans - East Bay Express

Local Literary Horizon Filled with Fellatio, Famine, and Subprime Loans
East Bay Express
What could be more timely than an expose of fringe financing, predatory subprime lending, and all the other rackets by which millions of Americans have ...

continue reading

Geithner: Fannie, Freddie losses were 'avoidable,' pledges bipartisan overhaul - The Hill (blog)


Globe and Mail
Geithner: Fannie, Freddie losses were 'avoidable,' pledges bipartisan overhaul
The Hill (blog)
... FROM…the measure that was introduced dealt with an a mini-Enron like accounting scandal at FM, not anything connected to subprime lending. ...
Are Fundamental Changes for Mortgage Giants Fannie, Freddie Ahead? NewsHour
Why the Feds Want to Stay in the Mortgage Game Housing Watch
Taylor: Four Ways to Fix Fannie and Freddie CNBC
NPR - MarketWatch - Economic Times
all 1,308 news articles »

continue reading

For Whom the Bell Tolls: Making the Best Choice for Borrowers in a Bad Situation - Huffington Post (blog)


Gamut News (blog)
For Whom the Bell Tolls: Making the Best Choice for Borrowers in a Bad Situation
Huffington Post (blog)
Moreover, the explosion of sub-prime lending was an expansion of credit particularly to low-income households, although it was certainly not limited to them ...
Mortgage Rates Hit New 4.36% Record Low But Does It Really Matter? Go Banking Rates

all 575 news articles »

continue reading

Should Banks Be Allowed To Resume Subprime Lending? - Problem Bank List (blog)

Should Banks Be Allowed To Resume Subprime Lending?
Problem Bank List (blog)
In the past, borrowers who did not meet the minimum credit and income criteria for a conforming loan were able to obtain nontraditional or subprime mortgage ...

continue reading

Bernanke Defends Record on Lehman - Wall Street Journal


Telegraph.co.uk
Bernanke Defends Record on Lehman
Wall Street Journal
Mr. Bernanke told the panelists that the central bank "was slow to identify and address abuses in subprime lending, especially those outside the banking ...
Bernanke Says He Wasn't `Straightforward' on Lehman Bloomberg
Bernanke feared Lehman collapse MarketWatch
Bernanke: US regulators fell short before financial crisis Washington Post (blog)
Interactive Investor
all 1,940 news articles »

continue reading

Fortress To Buy 80% Stake In AIG Consumer Lender - Wall Street Journal


AFP
Fortress To Buy 80% Stake In AIG Consumer Lender
Wall Street Journal
For Fortress, the deal marks a continued foray into mortgages and subprime lending. In American General, Fortress gets a consumer lender with experience ...
AIG sells 80 pct stake in consumer finance arm to Fortress, takes $1.9 bln hit IBTimes Hong Kong
Fortress may use AIG unit to buy other lenders MarketWatch
Fortress/AIG Deal Hints at PE Push Into Consumer Credit TheStreet.com
Wall Street Journal
all 286 news articles »

continue reading

Our Services

Do not forget to check the lastest products and auctions related to Subprime Lending as well as our free videos and podcasts.

best Subprime Lending products current Subprime Lending auctions current Subprime Lending videos listen to Subprime Lending podcasts

This Day In History

Brazil: the largest country in South America declared its independence from Portugal (1822)