Mortgage Stress Seen for '06; Delinquencies on Subprime Loans Likely to...

The Washington Post;  December 7, 2005 ;     622 words ......mortgages, known as subprime loans, have adjustable...well. About 19 percent of home loans...2005, and about 1 percent of loans had passed...But the rate for subprime loans was much higher -- about 10.3 percent of such loans...found that 20 percent of subprime ...

MINORITIES MORE LIKELY TO GET SUBPRIME LOANS

The Gazette;  April 15, 2008 ;     511 words ......blacks and 42.8 percent of Hispanics who...loans re- ceived subprime loans, while 20.2 percent of whites did...Hispanics and 21 percent for whites...officials said. Subprime loans became common...whites to take out subprime loans, the study found. For example, ...

The Philadelphia Inquirer On Personal Finance column: Real bubble in...

Philadelphia Inquirer (Philadelphia, PA);  February 11, 2007 ;     634 words ......matters worse, about 80 percent of subprime loans carry interest rates that...percent. Finally, about 70 percent of subprime loans, unlike conventional ones...Lending estimates that 20 percent of the subprime loans issued over the last two...

A `smoking gun' on race, subprime loans Fresh evidence shows minorities in...

The Boston Globe;  March 16, 2007 ;     700+ words ......institutions had subprime loans, compared with 13 percent of white borrowers...but also make subprime loans, often through...Financial Corp., 28.8 percent of loans made...Fargo & Co., 20 percent of black borrowers and 8.2 percent of Latinos had subprime ...

Subprime loans going under: Implosion hitting would-be homeowners,...

Contra Costa Times (Walnut Creek, CA);  March 22, 2007 ;     700+ words ......lenders canceled the subprime loans of four would-be...buyer, had 100 percent financing, he said...relatively low rate of subprime loans because of higher...the rate was 10.6 percent as of December...The East Bay's subprime loans that are late by...more rose from 2.1 ...

Group Says Minorities Disproportionately Burdened by Subprime Loans.

The Orlando Sentinel (Orlando, Florida) (via Knight-Ridder/Tribune Business News);  March 11, 2004 ;     659 words ......only 6.7 percent had subprime loans. In metro...Almost 31 percent of blacks...Hispanics had subprime loans, compared with 9.3 percent of non-minority...higher-cost, subprime loans. Citing reports...estimated that 20 percent to 50 percent...

Subprime loans may slam housing market.

Atlanta Journal-Constitution (Atlanta, GA);  March 16, 2007 ;     700+ words ...Mar. 16--Subprime loans helped fuel...quarter, 13.5 percent of the nation...financial distress. Subprime loans are made at...loans. About 12 percent of outstanding...past due; among subprime loans, it was 17.4 percent. The subprime...

PERSONAL FINANCE : Subprime loans more common here.

Chattanooga Times/Free Press (Chattanooga, TN);  September 6, 2006 ;     656 words ......higher-interest subprime loans, federal data...comparison, 26.5 percent of all U.S...Last year, subprime loans were priced above 8 percent, while prime...nationwide received subprime loans last year, compared with 23 percent of white borrowers...

Higher mortgage rates for blacks, Latinos; Report finds minorities more...

The Patriot Ledger Quincy, MA;  March 6, 2006 ;     495 words ......received subprime loans, compared with 16 percent of white...Quincy, 27 percent of black...received subprime loans, compared with 6 percent of white...than whites. Subprime loans account for about 10 percent of all home...

16.6 percent of state's subprime loans could fail, study finds

Tribune-Review/Pittsburgh Tribune-Review;  February 2, 2008 ;     569 words ......or about 16.6 percent of all outstanding subprime loans made statewide...study shows that subprime loans statewide between...where at least 38 percent of all mortgages...subprime was 36 percent. Rural Forest...state's highest percentage of subprime ...

Low-Income, Minority Homebuyers Are Still More Likely to Get Subprime...

Knight Ridder/Tribune Business News;  November 27, 2002 ;     700+ words ......the study reported. Subprime loans made up 10.06 percent of refinance loans...between the share of subprime loans among blacks, at 28.35 percent -- and whites, at...and whites, at 10.06 percent. Subprime loans are typically aimed...

DARK SIDE OF SUBPRIME LOANS MORTGAGES FOR THOSE WITH BAD CREDIT LEAP IN...

The Boston Globe;  August 3, 2005 ;     700+ words ......So-called subprime loans have helped...record 69 percent of households...Massachusetts, subprime loans, fueled by...grown from 1.6 percent of mortgages...prevalence of subprime loans contributed to a 31 percent spike in foreclosure...

BLACK HOMEOWNERS AND SUBPRIME LOANS.(LOCAL)

Wisconsin State Journal (Madison, WI);  October 5, 2007 ;     133 words ......likely to get a costly subprime mortgage than not, according...report released Thursday. Subprime loans generally carry higher...found that lenders put 39 percent of minorities into subprime loans last year, compared to 18 percent of white borrowers. Michigan...homeowners in ...

Foreclosures have moved to suburbs in Ohio Report: 73% of subprime loans...

Dayton Daily News;  March 30, 2007 ;     199 words ......showed that 73 percent of the subprime loans that have ignited...said. Overall, subprime loans account for just 18 percent of all outstanding...mortgages but 63 percent of the foreclosure...report said. These subprime loans often are made...

Consumer Group Says Norfolk, Va., Minorities Increasingly Use Subprime...

The Virginian-Pilot (Norfolk, Virginia) (via Knight-Ridder/Tribune Business News);  March 25, 2004 ;     700+ words ......whites to resort to subprime loans, even when adjusting...D.C., office. Subprime loans carry a higher...loan by 2 to 6.8 percentage points. ACORN...availability of subprime loans has provided credit...jumped from 5 percent of total mortgage...homebuyers who used a ...