Subprime Sentence Examples

There are serious questions regarding the future of subprime lending.

Creditors consider consumers as either prime borrowers or subprime borrowers.

During 2007, many people unfamiliar with the term found themselves asking "what is a subprime mortgage"?

A majority of subprime home loans are adjustable rate mortgages (ARM), meaning that interest rates adjust up or down, depending on a variety of economic factors.

The mortgage lender assumes greater risk of default by making loans to individuals in the subprime market segment.

As the foreclosure rates on subprime mortgages continued to rise, the solvency of lenders specializing in subprime mortgages began to decline.

During the ten years between 1996 and 2006, the total percentage of new mortgages falling in the subprime category doubled, meaning that a larger portion of loans made were high risk loans.

As of October of 2007, the economy is reeling from a staggering $200 billion of subprime mortgage defaults.

In mid-2007 foreclosure rates hit an all-time high as billions of dollars worth of subprime mortgages went into default.

As the mortgage market experiences many setbacks, including rapidly increasing foreclosures and failing financial companies, the subprime mortgage market shrinks quickly as a result.

In most instances, borrowers should be prepared to pay interest rates and fees comparable to other subprime mortgage loans.

Subprime mortgage lending flourished at one time, making it somewhat easy for applicants to obtain home loans for people after a foreclosure.

Alternatively, you may want to utilize the services of a mortgage broker who has experience in subprime lending.

Further, controversial loans were given to individuals who may not have been able to repay the loans, based on an evaluation of income and assets (often referred to as subprime mortgages).

The company offered extensive loans to subprime, or lesser qualified, applicants from 1995 onwards.

Many of the loans ASC manages are subprime or non-prime, meaning that they are high risk.