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2. Government policies and the subprime mortgage crisis

   en.wikipedia.org/wiki/Government_policies_and...

   Those are loans to borrowers with less than 60% of their area's median income. These targets increased over the years, with a 2008 target of 28%. [139] To satisfy these mandates, Fannie and Freddie announced low-income and minority loan commitments. In 1994 Fannie pledged $1 trillion of such loans, a pledge it fulfilled in 2000.

3. Causes of the 2000s United States housing bubble - Wikipedia

   en.wikipedia.org/wiki/Causes_of_the_2000s_United...

   In 1995 HUD mandated that 40 percent of Fannie's and Freddie's loan purchases would have to support affordable housing. In 1996, HUD directed Freddie and Fannie to provide at least 42% of their mortgage financing to borrowers with income below the median in their area. This target was increased to 50% in 2000 and 52% in 2005.

4. Mortgage industry of the United States - Wikipedia

   en.wikipedia.org/wiki/Mortgage_industry_of_the...

   Loans may also be categorized by whether there is full documentation, alternative documentation, or little to no documentations, with extreme "no income no job no asset" loans referred to as "NINJA" loans. No doc loans were popular in the early 2000s, but were largely phased out following the subprime mortgage crisis. Low-doc loans carry a ...

5. Subprime mortgage crisis - Wikipedia

   en.wikipedia.org/wiki/Subprime_mortgage_crisis

   Lenders offered more and more loans to higher-risk borrowers. [ 26 ] [ 91 ] Lending standards deteriorated particularly between 2004 and 2007, as the government-sponsored enterprise (GSE) mortgage market share (i.e. the share of Fannie Mae and Freddie Mac , which specialized in conventional, conforming , non-subprime mortgages) declined and ...

6. The 10 largest mortgage lenders in the U.S. - AOL

   www.aol.com/finance/10-largest-mortgage-lenders...

   The top 10 largest lenders by number of mortgages originated last year are: United Wholesale Mortgage: This lender originated 294,000 loans worth nearly $108.5 billion in 2023, according to HMDA data.

7. Timeline of the 2000s United States housing bubble - Wikipedia

   en.wikipedia.org/wiki/Timeline_of_the_2000s...

   2003-2007: The Federal Reserve failed to use its supervisory and regulatory authority over banks, mortgage underwriters and other lenders, who abandoned loan standards (employment history, income, down payments, credit rating, assets, property loan-to-value ratio and debt-servicing ability), emphasizing instead lender's ability to securitize ...

8. How much can I borrow with a personal loan if I have ... - AOL

   www.aol.com/finance/much-borrow-personal-loan...

   Lenders who offer loans for people with low credit may accept FICO scores as low as 560 or may not require a credit score at all. ... $2,000-$35,000. 12 to 60 months. 550. LendingPoint. Fast ...

9. What are non-conforming loans? - AOL

   www.aol.com/finance/non-conforming-loans...

   Hard money loans: A hard money loan is a non-conforming loan providing a borrower with short-term funding. Real estate investors often seek them out because they need money to flip a property, but ...