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...
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...
subprime lending crisis and discusses several regulatory issues. The nature of subprime mortgage and risks associated with various types of subprime mortgages are discussed. Nationwide loan defaults prompted the Congress to intervene in foreclosures of houses and provide Federal Housing Administration greater...
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...
This view – particularly, the “financial fragility” component – could help to answer a central question, namely, why minor fireworks in the subprime mortgage market ignited a fearsome powder keg and a local problem became global in a short span of time. ...
Understanding the Subprime Market: A Comprehensive Overview When it comes to the world of finance, there are numerous concepts and terms that can sometimes seem overwhelming. One such term that you might have come across is thesubprime market. But what exactly does it mean, and how does it pl...
Subprime Mortgage Meltdown : WHY The,S Market 被引量: 0发表: 0年 Subprime mortgage crisis and regulatory reforms It has been more than a year since the outbreak of the subprime mortgage crisis in the United States; but the losses and impact of the crisis are still bei... B Shen,D ...
A.The fall of asset values affects the card borrowers’ creditworthiness.B.The decrease in the mortgage payment leads to the rises of the card debt.C.As the home-equity loans are drying up, consumers are more likely to load up on the card debt.D...
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 ...
Neave, ``The Subprime Mortgage Market: Familiar Lessons in a New Context,'' Management Research News, 31(1) 12-26 (2007).Bernanke, S. B. (2007). The Subprime Mortgage Market. Federal Bank of Chicago. Retrieved January 24, 2010, from http://www.federalreserve.gov/newsevents/speech/...