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2. How your mortgage affects your credit score - AOL

   www.aol.com/finance/mortgage-affects-credit...

   How far back do mortgage lenders look at credit history?Typically, mortgage lenders look at the last six years of your credit history before making a decision on whether you give you a loan.

3. How to buy a house with bad credit - AOL

   www.aol.com/finance/buy-house-bad-credit...

   The Federal Housing Administration (FHA) insures FHA loans, which allows mortgage lenders to accept a credit score as low as 580 with a 3.5 percent down payment, or 500 with a 10 percent down payment.

4. Best mortgage lenders for bad credit in 2024 - AOL

   www.aol.com/finance/best-mortgage-lenders-bad...

   Lender. Credit requirements. Down payment minimum. Bankrate Score. Old National Bank. 620 for conventional loans, 640 for FHA loans, 680 for VA loans. Undisclosed

5. Criticism of credit scoring systems in the United States

   en.wikipedia.org/wiki/Criticism_of_credit...

   The expansion of accessible credit can come with a downside of exclusion as people with poor credit (those that are considered high risk by credit scoring systems) become dependent on short-term alternatives such as licensed money lenders (the home credit industry), pawn brokers, payday lenders, and even loan sharks. [18]

6. Credit rating agencies and the subprime crisis - Wikipedia

   en.wikipedia.org/wiki/Credit_rating_agencies_and...

   Mortgage underwriting standards deteriorated to the point that between 2002 and 2007 an estimated $3.2 trillion in loans were made to homeowners with bad credit and undocumented incomes (e.g., subprime or Alt-A mortgages) [6] and bundled into MBSs and collateralized debt obligations that received high ratings and therefore could be sold to ...

7. Subprime crisis background information - Wikipedia

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

   Subprime I was smaller in size — in the mid-1990s $30 billion of mortgages constituted "a big year" for subprime lending, by 2005 there were $625 billion in subprime mortgage loans, $507 billion of which were in mortgage backed securities — and was essentially "really high rates for borrowers with bad credit". Mortgages were mostly fixed ...