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  2. Subprime mortgage crisis - Wikipedia

    en.wikipedia.org/wiki/Subprime_mortgage_crisis

    The American subprime mortgage crisis was a multinational ... has reduced the credit available to businesses and households. ... are still 'upside down' on their ...

  3. What is a subprime mortgage? - AOL

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

    Compared to subprime mortgages, prime mortgages are available to highly qualified borrowers who pose little risk to lenders. When lenders advertise rates “as low as” a certain percentage ...

  4. Federal takeover of Fannie Mae and Freddie Mac - Wikipedia

    en.wikipedia.org/wiki/Federal_takeover_of_Fannie...

    While those are historically high levels, they compare favorably to industry averages of 4.7% for all prime loans, 7.2% for all single-family mortgages, 24.9% for all subprime mortgages, and 36.5% for subprime adjustable rate mortgages. The report provides background on the origins of PLS and the risks they present.

  5. 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]

  6. Zero-down mortgages are making a comeback - AOL

    www.aol.com/zero-down-mortgages-making-comeback...

    Instead, the program will allow buyers to pay for 97% of the home’s value with a first mortgage and then provide the remaining 3% (up to $15,000) in the form of a second mortgage.

  7. Zero-down mortgages are back sparking fears of being the new ...

    www.aol.com/zero-down-mortgages-back-sparking...

    A new “zero-down” mortgage purchase program has sparked concern within the industry, due to similarities with the disastrous subprime loans that contributed to the 2008 housing market crash.

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