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Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants ...
A subprime mortgage might be an option for a low-credit score borrower who can’t qualify for a conventional mortgage. There are laws in place to protect subprime borrowers from many of the risks ...
Investors were on the lookout for new, post-technology bubble investment opportunities, which they found in the form of loans to high-risk homebuyers, known as subprime mortgages. During this ...
With subprime credit, you may have fewer options for credit cards, mortgages and auto loans. Here's more about subprime credit, including how subprime borrowers can access it, and how to improve a ...
And Countrywide is there. And [Countrywide CEO Angelo] Mozilo was there. Other bankers are there from Citigroup. What happened? Well, oftentimes what would happen at these meetings is the ...
On September 15, it will have been 5 years since investment bank Lehman Brothers filed for bankruptcy — a kind of unofficial anniversary of the subprime mortgage crisis, when billions of dollars ...
Michael Burry is a hedge fund manager renowned for founding Scion Capital and predicting the 2008 subprime mortgage crisis.
If you thought the subprime mortgage crisis had been relegated to the history books, think again. Like cleaning up glitter, the bulk of the mess may be gone, but specks continue to turn up.