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Subprime lending
In finance, subprime lending (also referred to as near-prime, non-prime, and second-chance lending) means making loans that are in the riskiest category of consumer loans and are typically sold in a separate market from prime loans.
New Program for Buyers, With No Money Down - New York Times
Posted by admin / Under Subprime Lending
 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 ... Clinton was first to relax loan standards Fannie Mae tries to stimulate market for foreclosed homes |
Published on Monday 6th of September 2010 02:55:16 PM
HSBC sells US car loans business to Santander - Financial Times
Posted by admin / Under Subprime Lending
 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 HSBC sells US auto finance units to Santander |
Published on Monday 6th of September 2010 02:55:16 PM
Obama Concentrates on Economy as Election Nears - CBS News
Posted by admin / Under Subprime Lending
 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 ... |
Published on Monday 6th of September 2010 02:55:16 PM
Foreclosures in state hit Latino homes hardest - San Francisco Chronicle
Posted by admin / Under Subprime Lending
Published on Monday 6th of September 2010 02:55:16 PM
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