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2. Subprime mortgage crisis - Wikipedia

   en.wikipedia.org/wiki/Subprime_mortgage_crisis

   The increase was driven by increased expected losses in its US mortgage portfolio; this was the first major subprime related loss to be reported. [304] [305] By April 2007, over 50 mortgage companies had declared bankruptcy, many of which had specialized in subprime mortgages, the largest of which was New Century Financial. [306]

3. Government policies and the subprime mortgage crisis

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

   Taking the roughly 25 million mortgages outstanding at the end of each year from 2006 through 2009 and subdividing them into 500+ subgroups according to characteristics like credit scores, down payment and mortgage size, mortgage purchaser/guaranteer, etc., the Commission found the average rate of serious delinquencies much lower among loans ...

4. Subprime crisis background information - Wikipedia

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

   The mortgage market is estimated at $12 trillion [31] with approximately 6.41% of loans delinquent and 2.75% of loans in foreclosure as of August 2008. [32] The estimated value of subprime adjustable-rate mortgages (ARM) resetting at higher interest rates is U.S. $400 billion for 2007 and $500 billion for 2008.

5. US mortgage lenders are starting to go bankrupt — how this ...

   www.aol.com/news/us-mortgage-lenders-starting...

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6. Mortgage companies could intensify the next recession, US ...

   www.aol.com/mortgage-companies-could-intensify...

   As of 2022, nonbank mortgage companies originated about two-thirds of US mortgages and owned the servicing rights on 54% of mortgage balances, according to FSOC. That’s up significantly from 2008.

7. 2007–2008 financial crisis - Wikipedia

   en.wikipedia.org/wiki/2007–2008_financial_crisis

   This strategy resulted in rapid growth and a high concentration of risky assets. From its inception as a savings association in 2000, IndyMac grew to the seventh largest savings and loan and ninth largest originator of mortgage loans in the United States. During 2006, IndyMac originated over $90 billion (~$131 billion in 2023) of mortgages.