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Subprime lending
(redirected from Non-prime)

   Also found in: Wikipedia 0.01 sec.
Subprime lending
Lending to individuals who have a bad credit history or relatively low income. A higher interest rate is charged for such loans because risk to the lender is higher. Excessive subprime lending is often pointed to as one of the major causes of the financial crisis of 2008-2009.


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[ILLUSTRATION OMITTED] FIRST PLACE -- GRAVURE, COLOR PROCESS, NON-PRIME MULTI-COLOR CORPORATION Sharonville, OH, USA PRODUCT: Leinenkugel's Summer Shandy Neck DESCRIPTION/CHALLENGES: Eight-color, embossed, coated paper with tight registration using two yellows and one opaque gold.
This deal also provides Morgan Stanley with new origination capabilities in the non-prime market, which we can build upon to provide access to high-quality product flow across all market cycles.
Brokers will also be offered alternative program recommendations so they can offer their clients multiple programs that best meet their mortgage needs, according to Ron Booth, president of First Horizon Non-Prime Lending.
 
 
 
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