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What is subprime mortgage?

Updated: 9/11/2023
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What are steps to acquire a subprime mortgage?

When you are applying for a mortgage ask your lender about how to acquire a subprime mortgage. They will walk your through it and advise as to if this is the best option for you.


Is it smart to apply for a subprime mortgage?

If you can handle the terms of the subprime mortgage then it is ok. But you need to be sure that you have the money to cover it, because you are gambling with your future if you do not.


Does Respa apply to subprime mortgage loans?

Yes.


Why did Bear Stearns shares fall so sharply in one year?

Bear Stearns was deeply affected by the subprime mortgage crisis. The subprime mortgage crisis is a result of the sharp rise in mortgage delinquencies and foreclosures.


What are the release dates for Subprime Mortgage Tycoon - 2009 VG?

Subprime Mortgage Tycoon - 2009 VG was released on: USA: 19 July 2009 Japan: 29 July 2009


Where would a person find more information regarding subprime mortgage lenders?

A general tutorial on subprime mortgages can be found at Investopedia. For information about subprime mortgage lenders: MyFHA, Consumer Affairs and MTGProfessor all have information on current lenders, rates and terms.


What was subprime mortgage crisis of America?

The Subprime Crisis is an economic problem that happened in the United States. It cannot be explained in a paragraph or so. In short, it happened due to uncontrolled lending in the US Financial Markets. Some of the reasons for this crisis are: 1. The US Real estate market crash 2. High default rates on Subprime loans & 3. Subprime Mortgage backed securities


How can one apply for a subprime home loan?

You can use a mortgage broker who can access a subprime lender database to locate lenders that meet your requirements. Once a lender is identified, complete the residential mortgage application and federal/state disclosures.


What event was characterized by a decline in new home construction and housing prices and an increase in mortgage delinquencies and foreclosures?

the answer is subprime mortgage crisis. (A+)


Which event was characterized by a decline in new home construction and housing prices and an increase in mortgage delinquencies and foreclosures?

subprime mortgage crisis


Where may a person find more information about Subprime Mortgage Leads?

A subprime mortgage lead is a person who wishes to take out a mortgage but is prevented from going through normal avenues due to a bad credit history. Media One Solutions, Reven Media Leads, and Broker Match are all companies which will provide leads on people who may be suitable for subprime mortgages based on the fact that they are late on their current mortgage, have recently experienced bankruptcy, or other characteristics.


What has the author Manuel Aalbers written?

Manuel Aalbers has written: 'Subprime cities' -- subject(s): Subprime mortgage loans, Global Financial Crisis, 2008-2009, POLITICAL SCIENCE / Public Policy / City Planning & Urban Development, Mortgage loans