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Subprime lending
(redirected from Subprime mortage)

    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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After the subprime mortage market collapsed, it has been a flight to quality," says Crockett.
Franklin American's formula: this Nashville-based mortgage company ... by Bergsman, Steve / Mortgage Banking
The subprime mortage resets peak during the second quarter, coupled with problems at Fannie Mae and Freddie Mac, loom large over economy, iSuppli noted.
Recession spells end of Foxconn effect, analyst says by Drydale, Chelsey / Circuits Assembly
Disillusioned by massive losses incurred by UBS over the subprime mortage crisis in the United States, UBS clients have been leaving in droves for cantonal banks, many of which are backed by cantons and therefore deemed a safer place to safeguard assets.
Stop preying on UBS, Swiss central banker tells banks by AFP / AFP Global Edition
 
 
 
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