- adj. alternative spelling of subprime.
“Bank of America, which bought the largest mortgage lender in the US last year at the height of the sub-prime crisis, also announced large write-downs on its assets, mainly sub-prime home loans.”
“Bordeaux has long been the sort of community that African Americans have associated with middle class comforts, a neighborhood in which, in previous generations, black business owners, doctors and academics purchased and built homes -- long before anyone ever heard the term sub-prime mortgage.”
“The three investigations were among the first to weigh criminal charges against the companies and executives at the heart of the U.S. housing crisis, which was in part caused by offering so-called sub-prime loans to people who may not have otherwise qualified for credit.”
“It was politcians like Cris Dodd, Brank Franks and others that forced the banking community to make sub-prime loans that caused the crash.”
“Are you serious there is no one to blame except the banks that invested in those sub-prime mortgages.”
“It was Barney Franks sub-prime lending bill that bankrupted the nation and now a stimulus bill and health care bill that will waste the time and money needed to get us out of this mess.”
“I underwrote mortgage loans for 12 years prior to auditing sub-prime mortgages.”
“Many of these institutions did not get caught up in the sub-prime lending disaster.”
“Obama has a personal history with this effort, actually suing banks who would not provide the sub-prime lending that he later, as President, blamed them for undertaking”
“So, it may be that the US is about to emerge stronger than ever from the long nightmare of the sub-prime mortgage crisis.”
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