Archive for the ‘subprime mortgage’ Category
Are there any subprime mortgage brokers left?
Are there any subprime mortgage brokers left?
Yeah. Deadbeats still want loans, so there are still subprime lenders.
Demand always drives supply
Tara Speaks on the Subprime Mortgage Crisis on VFTB
Tara provides clarity on the subprime mortgage crisis, how it affects women and how to be a savvy homebuyer in this market on San Francisco ABC 7’s The View From the Bay
Duration : 0:8:16
“American Casino” – Doc Investigates Roots of the Subprime Mortgage Meltdown 1 of 4
“American Casino” – Doc Investigates Roots of the Subprime Mortgage Meltdown and Tells the Stories of Its Victims
The subprime mortgage meltdown was at the heart of whats been called the Great Recession of 2008. It caused more than a million Americans to lose their homes and brought Wall Street to its knees. A new documentary opening today in New York takes on the subprime crisis, tracking its roots on Wall Street and Washington and profiling some of its victims, mainly African American families who lost their homes. We play highlights and speak with filmmakers Leslie and Andrew Cockburn. [includes rush transcript]
Duration : 0:7:16
What is subprime mortgage?why didn’t anyone in us didn’t know about the problem in subprime when it started?
If subprime mortgage’s lendin money to people of low credit ratings then why didn’t de american government know about impact when it was introduced?could someone explain to me about economic crisis?
A sub-prime mortgage is a mortgage that has been granted to someone who can’t afford what they are buying.
Some economists started calling attention to the potential of a sub-prime melt down over two years ago — but they were ignored.
The government’s policy since the end of World War II has been to promote home ownership. Congress and the last several Presidents have chosen to ignore the fact that making loans to people who can’t pay them is eventually going to cause major problems. The politicians pressured banks to make loans to people who couldn’t afford them because it was politically correct to do so.
Although they had/have noble goals (which I do agree with) their implementation has left a lot to be desired.
Hope this helps
Jerry-the-bookkeeper
Can I have a simple-4-dummy-explanation on what subprime mortgage is?
I need a simple explanation on what subprime mortgage is. Please don’t use too many financial terms, and try explaining it as you would a 6 years old.
- Economically retarded fella
A loan to a high-risk borrower – usually with considerable worse terms than a "prime" loan.
The Subprime Mortgage Crisis: Code, Crash, & Open Source
Erik Gerding, assistant professor, UNM School of Law, discusses how mortgage investments work and how that process led to the subprime mortgage crisis. Part of Global Instability: Causes, Consequences, and Cures, a lecture series organized by UNM’s International Studies Institute.
Duration : 0:51:54
Subprime mortgage crisis correlation with Bush administration?
After this speech in 2002 the amount of subprime mortgages went up radically. Report on RTL Z financial news channel. They state the current crisis isn’t an accident in the free market, but is the result of planned actions of Washington.
JDN717 send me a message saying: before you start blaming the us mortgage crisis on bush read this article from 1999 http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260&sec=&spon=&pagewanted=1#
Seems this has been going on for longer..
Duration : 0:1:34
how subprime mortgages and mortgage bonds have led to the interbank lending crash?
how subprime mortgages and mortgage bonds have led to the interbank lending crash.
Please… Someone… Answer!!! would really appreciate it, Thanks.
10 Points for best ANSWER!!!
Basic terms is thus.
Banks lent money
“American Casino” – Doc Investigates Roots of the Subprime Mortgage Meltdown 4 of 4
“American Casino” – Doc Investigates Roots of the Subprime Mortgage Meltdown and Tells the Stories of Its Victims
The subprime mortgage meltdown was at the heart of whats been called the Great Recession of 2008. It caused more than a million Americans to lose their homes and brought Wall Street to its knees. A new documentary opening today in New York takes on the subprime crisis, tracking its roots on Wall Street and Washington and profiling some of its victims, mainly African American families who lost their homes. We play highlights and speak with filmmakers Leslie and Andrew Cockburn. [includes rush transcript]
Duration : 0:7:38
Would anyone who is in the mortgage business mentor me on how to package and sell subprime loans?
I would like to sell subprime mortgages but need to understand who I am looking for and what their needs are. As well as some good lenders to work with. Thanks!
good luck