- With the CFPB weakened, could risky lending make a comeback?
The Consumer Financial Protection Bureau, the banking watchdog created after the subprime mortgage meltdown and the 2008 global financial crisis, has been thrown into chaos as the Trump
- Subprime timeline - Sep. 15, 2008 - CNN Business
NEW YORK (CNNMoney com) -- The subprime mortgage meltdown and resulting rippling repercussions have a brief, but dramatic, history
- How J. P. Morgan steered clear of the credit crunch
J P Morgan sank from third to sixth in fixed-income underwriting from 2005 to 2007, and the main reason was its refusal to play in subprime CDOs, which its rivals were gorging on
- The risk in subprime - Mar. 1, 2007 - CNN Business
Last year, 13 5 percent of mortgages originated in the U S were subprime, according to the Mortgage Bankers Association, compared to 2 6 percent in 2000
- Subprime loans failing pre-resets - Feb. 20, 2008 - CNN Business
In late 2006, the Center for Responsible Lending (CRL), predicted that 2 2 million subprime ARM borrowers would lose their homes in the following two years due to reset shock
- Markets that the subprime slump may hit hardest - Mar. 21, 2007
Judging by the percentage of subprime loans 60 days late or more, Midwest markets could be facing a big jump in foreclosures, according to LoanPerformance
- Subprime to Bear Stearns: The road to meltdown - Mar. 17, 2008
Subprime homeowners found they could no longer afford their monthly payments, leading to a spike in delinquencies and defaults Investors panicked because they could no longer value the securities
- Subprime mortgages are making a comeback - CNN Business
Subprime borrowers got shut out of the home loan market after the housing crisis, but new lenders are catering to home buyers with low credit scores
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