How has the subprime mortgage mess affected big business?

Answer The subprime mortgage mess affected big business in a negative way. Many businesses lost money. Subprime mortgages are made to individuals who cannot qualify for conventional loans because of bad ... Read More »

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Subprime Mortgage Requirements?

Subprime mortgages are a way to help potential homeowners with less-than-perfect credit qualify for a mortgage and purchase a home. According to an April 2007 story, about 15 percent o... Read More »

How to Get Subprime Mortgage Assistance?

A conversation with a housing counselor should be your first step in seeking assistance for your subprime mortgage. Counselors approved by the U.S. Department of Housing and Urban Development (HUD)... Read More »

Subprime Mortgage Policy?

A subprime loan is a loan that is higher risk for the bank and therefore has a higher interest rate to compensate for this risk. As of 2010, subprime loans make up around a quarter of all the loans... Read More »

What is a subprime mortgage?

A subprime mortgage is defined not by the type of loan but by the type of borrower. Subprime borrowers are people who can't qualify for the conventional mortgages and lower interest rates available... Read More »