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2. Subprime mortgage crisis - Wikipedia

   en.wikipedia.org/wiki/Subprime_mortgage_crisis

   Krugman explained in July 2011 that the data provided by Pinto significantly overstated the number of subprime loans, citing the work of economist Mike Konczal: "As Konczal says, all of this stuff relies on a form of three-card monte: you talk about 'subprime and other high-risk' loans, lumping subprime with other loans that are not, it turns ...

3. What is a subprime mortgage? - AOL

   www.aol.com/finance/subprime-mortgage-175324178.html

   Subprime mortgages — also known as non-prime mortgages — are for borrowers with lower credit scores, typically below 600, that prevent them from being approved for conventional loans.

4. Subprime lending - Wikipedia

   en.wikipedia.org/wiki/Subprime_lending

   In finance, subprime lending (also referred to as near-prime, subpar, non-prime, and second-chance lending) is the provision of loans to people in the United States who may have difficulty maintaining the repayment schedule. [1]

5. Government policies and the subprime mortgage crisis

   en.wikipedia.org/wiki/Government_policies_and...

   Federal Reserve data found more than 84% of the subprime mortgages in 2006 coming from private-label institutions rather than Fannie and Freddie, and the share of subprime loans insured by Fannie Mae and Freddie Mac decreasing as the bubble got bigger (from a high of insuring 48% to insuring 24% of all subprime loans in 2006). [81]

6. Subprime crisis background information - Wikipedia

   en.wikipedia.org/wiki/Subprime_crisis_background...

   The value of U.S. subprime mortgages was estimated at $1.3 trillion as of March 2007, [18] with over 7.5 million first-lien subprime mortgages outstanding. [19] Approximately 16% of subprime loans with adjustable rate mortgages (ARM) were 90-days delinquent or in foreclosure proceedings as of October 2007, roughly triple the rate of 2005. [20]

7. Ten subprime mortgage myths from the Fed (some of which ... - AOL

   www.aol.com/news/2009-07-23-ten-subprime...

   According to Federal Reserve Bank of Cleveland senior research economist Yuliya Demyanyk, "On close inspection many of the most popular explanations for the subprime crisis turn out to be myths.