When.com Web Search

Search results

1. Results From The WOW.Com Content Network

2. Subprime mortgage crisis - Wikipedia

   en.wikipedia.org/wiki/Subprime_mortgage_crisis

   e. The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010 that contributed to the 2007–2008 global financial crisis. The crisis led to a severe economic recession, with millions losing their jobs and many businesses going bankrupt.

3. Housing and Economic Recovery Act of 2008 - Wikipedia

   en.wikipedia.org/wiki/Housing_and_Economic...

   The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.

4. What is a subprime mortgage? - AOL

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

   However, if a subprime mortgage is the only way you can become a homeowner, this type of loan might be worth the downsides. Consumer protections are more robust now than they were during the ...

5. Government policies and the subprime mortgage crisis

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

   e. Government policies and the subprime mortgage crisis covers the United States government policies and its impact on the subprime mortgage crisis of 2007-2009. The U.S. subprime mortgage crisis was a set of events and conditions that led to the 2007–2008 financial crisis and subsequent recession. It was characterized by a rise in subprime ...

6. Subprime lending - Wikipedia

   en.wikipedia.org/wiki/Subprime_lending

   v. t. e. 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] Historically, subprime borrowers were defined as having FICO scores below 600, although this threshold has ...

7. Bank of America Lawsuit: Countrywide's Unethical Lending ...

   www.aol.com/news/2012-10-25-bank-of-america...

   By 2007, as the market for subprime mortgages collapsed, Countrywide was anxious for revenue. ... For example, one loan application, for a home in Miami, said that the borrower was an airline ...