Discover what subprime loans are, who qualifies as a subprime borrower, and how they contributed to the financial crisis.

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. Do you ...

Discover how the 2007—2009 subprime meltdown led to a global financial crisis. Learn about its causes, consequences, and impact on the housing market and economy.

Subprime mortgages, in both originations and balances held by less creditworthy borrowers, are on the rise in 2025, reflecting to a lesser degree the conditions that have preceded past financial ...

Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate since the 1990s, according to Fitch Ratings. More people in this economy ...

Just 20 banking conglomerates and subprime mortgage companies -- none headquartered locally -- wrote up well over half those high-risk mortgages, the Home Mortgage Disclosure Act reporting data shows.

Approximately 11 percent of all mortgages in the national capital region are subprime mortgages, or loans given to people with poor credit, according to a report from the Urban Institute. Across the ...

(Reuters) - Subprime mortgages are available to consumers with damaged credit or little borrowing experience. The loans typically carry a higher interest rate or terms that raise their costs above ...

WASHINGTON (Reuters) - The impact of the housing crisis is landing hardest among the nation's poorest home owners, a study by a public interest advocacy group has found. Initial estimates by the ...

A subprime mortgage might be an option for a low-credit score borrower who can’t qualify for a conventional mortgage. There are laws in place to protect subprime borrowers from many of the risks they ...