Definition:A subprime mortgage is a home loan that is given to applicants with a poor credit history who typically do not qualify for traditional mortgages. What Does Subprime Mortgage Mean? Contents[show] What is the definition of subprime mortgages?Since these loans are extremely risky for the ...
Subprime mortgages were prevalent during the early 2000s, especially in the United States. Financial institutions were granting mortgages to borrowers who did not meet the typical criteria for prime loans. These subprime mortgages were often bundled together and sold to investors as mortgage-backed sec...
Subprime loans are a legitimate mortgage option for people who might otherwise not qualify for a mortgage. Although the interest rates and upfront fees are higher, it borrowers consistently make their mortgage payments, they can see an improvement to their credit scores....
Subprime mortgage Subrogation Subrogee Subrogor subscribe Subscription Subscription agreement subscription period Subscription price subscription privilege subscription ratio Subscription right subscription warrant subsidiarity Subsidiary subsidiary company Subsidized financing ...
Thedefinitionofsubprimemortgagecrisis Subprimemortgagecrisiswastriggeredbyalargedeclineinhomeprices,resultinginmortgagedelinquenciesandforeclosuresandthedevaluationofhousing-relatedsecurities 次级抵押贷款危机是由房价大幅下跌引发的，导致抵押贷款违约和丧失抵押品赎回权和住宅相关证券贬值 Dominoeseffect多米诺骨牌效应 雷曼兄弟...
A term used to refer to any loan or credit product with terms and conditions that are less stringent than normal. For example, a mortgage product designed to be made available to customers with poor credit histories may be described as a subprime mortgage.” ...
the Subprime Mortgage Crisis (次贷危机) Brief Introduction to the Subprime Mortgage Crisis The definition of subprime mortgage crisis Subprime mortgage crisis was triggered by a large decline in home prices, resulting in mortgage delinquencies and foreclosures and the devaluation of housing-related ...
ratethan most other loans. Subprime loans are made toborrowerswho do not qualify for ordinary loans because of badcredit historyor some other reason. There is a higherriskofdefaulton subprime loans. Their prevalence was a significant factor in the 2008 credit crunch. See also:Subprime Mortgage....
The article reports on the trial of mortgage company Freddie Mac's former executives Richard Syron, Patricia Cook, and Donald Bisenius in 2012 for misleading investors before the American subprime mortgage crisis. Topics include how Syron's definition of the term "subprime" differed from that of ...
aAlong with the U.S. subprime mortgage crisis, the role of financial derivatives has been attracted increasing attention across the world. In 1994, the International Swaps and Derivatives Association made a definition for financial derivatives, that is, derivatives are bilateral contracts which is rel...