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2. Government policies and the subprime mortgage crisis

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

   "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.

3. Subprime mortgage crisis - Wikipedia

   en.wikipedia.org/wiki/Subprime_mortgage_crisis

   The boom in mortgage lending, including subprime lending, was also driven by a fast expansion of non-bank independent mortgage originators which despite their smaller share (around 25% in 2002) in the market have contributed to around 50% of the increase in mortgage credit between 2003 and 2005. [114]

4. What is a subprime mortgage? - AOL

   www.aol.com/finance/subprime-mortgage-175324178.html

   Other options you might want to consider besides a subprime home loan include: FHA loans – If your credit score is at least 580, consider an FHA loan with a down payment of 3.5 percent. If your ...

5. Subprime lending - Wikipedia

   en.wikipedia.org/wiki/Subprime_lending

   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 ...

6. Subprime crisis background information - Wikipedia

   en.wikipedia.org/wiki/Subprime_crisis_background...

   The mortgage market is estimated at $12 trillion [31] with approximately 6.41% of loans delinquent and 2.75% of loans in foreclosure as of August 2008. [32] The estimated value of subprime adjustable-rate mortgages (ARM) resetting at higher interest rates is U.S. $400 billion for 2007 and $500 billion for 2008.

7. HELOCs plummet to fresh 2024 lows, home equity loans ... - AOL

   www.aol.com/finance/helocs-plummet-fresh-2024...

   As the New Year looms, there’s a new low in home equity lending. The $30,000 HELOC (home equity line of credit) plunged nine basis points to 8.43 percent—rates we haven’t seen in about a ...