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Are too-easy car loans the next subprime disaster?

Dec 4, 2013
The credit rating agency Experian says Americans are taking out bigger car loans and are taking longer to pay them back.
Posted In: subprime, car loans, mortgage

5 years after Lehman, subprime mortgages return

Sep 12, 2013
Mortgage lenders fueled the financial collapse by marketing subprime loans to people who couldn't afford them. They disappeared as the housing market crashed, but subprime mortgages could return.
Posted In: subprime, mortgage, mortgage crisis, Housing, home loans

Wall Street revives foreclosed homes as rentals

May 3, 2013
Big investors have been snapping up foreclosed homes and turning them into rentals. Now some of those investors are hoping to capitalize on their distressed buys -- and share the spoils with the general public -- by going public.
Posted In: housing market, subprime, foreclosure

Maryland AG on $25 billion mortgage settlement

Feb 9, 2012
Federal and state authorities have reached an agreement with big banks on abusive foreclosure practices. What does this mean for states like Maryland?
Posted In: Housing, foreclosure, subprime, mortgage settlement

Bank of America, Countrywide settle discrimination case

Dec 22, 2011
BofA's costs mount as it settles a mortgage discrimination suit against subsidiary Countrywide Financial.
Posted In: Bank of America, Countrywide, lawsuits, subprime

Mortgage settlement hikes the cost of Countrywide

Dec 22, 2011
Bank of America will pay $335 million to settle mortgage discrimination charges against Countrywide Financial.
Posted In: Bank of America, Countrywide, legal, subprime

Countrywide discrimination settlement reached

Dec 22, 2011
Countrywide was accused of steering more than 200,000 black and Hispanic borrowers into risky subprime loans during the housing bubble. But is the practice really over now?
Posted In: Countrywide, Bank of America, subprime, discrimination

Regulating Fannie and Freddie

Dec 19, 2011
The SEC charged two former CEOs of the mortgage giants for failing to fully report their companies' exposure to subprime mortgages.
Posted In: Fannie Mae, Freddie Mac, subprime, mortgage fraud

ECB actions similar to the Fed's in 2008

Dec 1, 2011
There is an ongoing effort to get the euro back to normal, and the crisis is looking more and more like the sub-prime mortgage crisis here in the U.S.
Posted In: European Central Bank, Europe debt crisis, subprime

Subprime rising

Aug 30, 2011
Lenders are getting more comfortable with risk. That's the conclusion of a study by Experian, which found subprime borrowers are finding it easie...
Posted In: car loan, subprime

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