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2. What is a subprime mortgage? - AOL

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

   Subprime vs. prime mortgage example. Because subprime mortgages are for borrowers with low credit scores, these loans raise risk for the lender. To make up for that risk, the lender charges higher ...

3. Subprime mortgage crisis - Wikipedia

   en.wikipedia.org/wiki/Subprime_mortgage_crisis

   Subprime mortgages grew from 5% of total originations ($35 billion) in 1994, [92] [93] to 20% ($600 billion) in 2006. [93] [94] [95] Another indicator of a "classic" boom-bust credit cycle was a narrowing of the difference between subprime and prime mortgage interest rates (the "subprime markup") between 2001 and 2007. [96]

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

5. 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 ...

6. Alt-A - Wikipedia

   en.wikipedia.org/wiki/Alt-A

   Alt-A and subprime differ in that, generally speaking, an Alt-A borrower would have had a sufficient financial profile to qualify for a "conforming" mortgage, if only it weren't for one of the factors mentioned above, whereas a subprime borrower would suffer from exceptionally weak credit, income or asset characteristics.

7. Government policies and the subprime mortgage crisis

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

   The U.S. subprime mortgage crisis was a set of events and conditions that led to the 2008 financial crisis and subsequent recession. It was characterized by a rise in subprime mortgage delinquencies and foreclosures, and the resulting decline of securities backed by said mortgages. Several major financial institutions collapsed in September ...