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Rosa O'Neil would like to know what happened to her neighbors. Over the past decade she's watched as people she's lived next to for decades, disappear one by one, until she lives nearly alone on her Irvington, New Jersey street. Subprime lending was ...

A Depressing Tour Of A New Jersey Neighborhood Destroyed By Subprime Lending

SCHAUMBURG —  Experian Automotive Thursday announced that lenders are increasing loans to credit-challenged ... 21.87 percent of all new vehicle loans went to customers in the nonprime, subprime and deep subprime categories.

Experian Automotive: Subprime automotive loans increase in third quarter

(From the Wall Street Journal) After years as the lending market's undesirables, aspiring home buyers with less-than-stellar credit are being offered home loans again—with some of the same conditions and catches critics say tripped up subprime ...

Back To The Future With Private Mortgage Lending

Subprime auto loans keep growing, with competition heating up in the segment and interest rates edging lower for the riskiest customers, according to Experian Automotive. "If you talk to some of the lenders, they say some of the larger subprime ...

Subprime competition heats up as rates fall

"Fannie Mae and Freddie Mac executives told the world that their sub-prime exposure was substantially smaller than ... the alleged misrepresentations occurred between March 2007 and August 2008. Both lenders have agreed to co-operate with the investigation ...

Ex-heads of Fannie and Freddie sued by US regulator over sub-prime exposure

His compensation increased $4 million from 2006 because of bonuses he received — part of them for encouraging risky subprime lending, according to company filings. It's not clear what portion of the bonuses was for his efforts to promote subprime lending.

US charges ex-Fannie, Freddie CEOs with fraud

But since the last time I wrote on this subject, I have observed some in the media criticizing HARP by accusing the mortgage industry of going back to subprime lending. This could not be further from the truth. The subprime frenzy was a train ...

Mortgage Q&A: Revisions to HARP promising

Wells Fargo had perhaps the most horrifying practices in this department, calling the subprime loans that they pushed in poor, black neighborhoods “ghetto loans.” This rampant predatory lending helped inflate the housing bubble; a Center for ...

Former Chase Banker Admits His Bank Pushed Minorities Into Subprime Mortgage Loans

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