News

The sector drew renewed attention in March when Rocket Companies offered to acquire Mr. Cooper Group, the largest subservicer ...
President Trump is advocating for the privatization of Fannie Mae and Freddie Mac, potentially impacting mortgage rates and ...
The Greene family has lost their years-long struggle to keep their house from foreclosure and were swept into a scam.
Chris Hayes ran down the string of astonishing pardons Donald Trump has doled out to supporters this week along with other ...
Angel Oak's majority stake sale to Brookfield Asset Management is a major catalyst for the MBS ETF. Click here to find out ...
Legendary investor Michael Burry is known for making big bets. In fact, he became famous for being one of the first investors ...
Fannie and Freddie were once private companies. As the subprime bubble inflated in the early 2000s, they lowered their ...
From Florida’s hurricane-battered coasts to California’s fire-razed suburbs, a crisis is brewing that could make the subprime mortgage collapse look like a warm-up act. The final deadline ...
The Big Short was a hit 2015 movie featuring Christian Bale as Michael Burry, the hedge fund manager who essentially created the credit default swap market for subprime mortgages. Burry based ...
A subprime mortgage is a type of mortgage for borrowers with low credit scores. Subprime mortgages come with higher interest rates and fees, reflecting greater risk to lenders. Alternatives to a ...
However, this does not influence our evaluations. Our opinions are our own. A subprime mortgage — also referred to as a “bad credit mortgage” or an “alternative mortgage” — is a ...
Subprime mortgages are designed for borrowers with lower credit scores, usually below 600, who may not qualify for conventional loans, which generally offer better terms and interest rates.