mortgage n. 1.抵押贷款;按揭 2.抵押契据 3.抵押权;被抵押状态 4.约束性义务 v.[T] 1.抵押 2.(口)以…作担保;把…许给 3.损害(未来利益) subprime loan 次级贷款 market n. 1.[C]集市; 市场 2.[C]某种货物的交易情况; 行情 3.[sing,U]需求 4.[C]行销地区; 市场 5.[the market][sing...
How did turmoil in the US subprime mortgage market ignite a global crisis? This column explains how emerging markets’ voracious appetite for international reserves coupled with record-low US policy interest rates and lax financial regulation to produce the large-scale creation of quasi-money subject ...
subprime mortgage market 读音:美英 subprime mortgage market基本解释 次级抵押贷款市场 分词解释 subprime准一流的,近乎头等的 mortgage抵押 market交易
Understanding the Subprime Market There is always a subprime market for loans. Lenders to high-risk individuals or businesses are able to charge substantially higher interest rates and fees to people with poor or no credit histories. A person with a damaged credit rating may take on a high-inte...
That “non-qualified mortgage” designation limits legal protections for lenders, as well, which has kept many from operating in the space. “Lenders aren’t making the same kinds of subprime loans that they did during the run-up to the Great Recession,” says Kilgore. “The biggest reason ...
subprime mortgage crisis to demand-side factors that contributed to the rapid expansion of the U.S. mortgage market. We show that denial rates were relatively lower in areas that experienced faster credit demand growth and that lenders in these high-growth areas attached less weight to applicants...
The prevalent view is that the current credit crisis has its origin in the bust of the housing bubble. But what is missing from this view is that the finance of a bubble is only possible through a corresponding increase in credit — no credit, no bubble.
(2007). The subprime mortgage market. Presentation given to the Federal Reserve Bank of Chicago‟s 43rd Annual Conference on Bank Structure and Competition, Chicago, Illinois. Last accessed 24 June 2011: http://www.federalreserve.gov/newsevents/speech/Bernanke20070517a.htm....
In mortgage lending, subprime borrowers present relatively less risk than with other types of loans because the home typically serves as collateral and the lender canforecloseon it and sell it if necessary to recoup at least a portion of the debt. Still, subprime borrowers may have a more diff...
Subprime vs. Prime Mortgage Theprime rateis an interest rate set by banks that serves as a benchmark for other lending rates. This is based on the Federal Funds Rate, which is a rate set by the Federal Reserve. The prime rate is a useful indicator of current market conditions and is co...