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public company and securities register — the official repository of publicly listed or unlisted companies whose at least one emission of securities was offered for the purpose of free trading to a number of persons exceeding certain threshold (varying according to jurisdiction), thus placing such a company under specific regulatory ...
The consumer finance industry (meaning branch-based subprime lenders) mainly came to fruition in the middle of the twentieth century. At that time, these companies were all stand-alone companies not owned by banks and an alternative to banks. However, at that time, the companies were not focused on subprime lending. Instead, they attempted to ...
In finance, subprime lending (also referred to as near-prime, subpar, non-prime, and second-chance lending) is the provision of loans to people in the United States who may have difficulty maintaining the repayment schedule. [1] Historically, subprime borrowers were defined as having FICO scores below 600, although this threshold has varied ...
Government-backed loans. A government-backed mortgage is one insured or guaranteed by either the Federal Housing Administration (FHA loans), the U.S. Department of Veterans Affairs (VA loans) or U ...
A list of companies, governmental and quasi-governmental agencies (government-sponsored enterprises), and/or non-profit organizations involved in the various economic and financial crises of 2007–2008.
Bank vs. non-bank mortgage lenders. A non-bank mortgage lender is simply a lender that doesn’t deal with consumer deposits. It might be an independent mortgage company, an online lender or both ...
"Non-conforming" loans meaning not conforming to prime lending standards. In a 2008 article on Fannie Mae, the New York Times describes the company as responding to pressure rather than setting the pace in lending. By 2004, "competitors were snatching lucrative parts of its business.
The Ohio Department of Commerce is the administrative department of the Ohio state government [1] responsible for regulating banks and savings institutions, credit unions, mortgage brokers/lenders and consumer finance businesses; securities professionals and products; real estate professionals and cable television; and the building industry; and also collects and holds unclaimed funds. [2]