Tag: prime

By now, I'm sure everyone has heard about the sub-prime lending shakeup.In the event you haven't heard, the sub-prime lending shakeup was the consequence of many lenders' policy of earning loans which were extremely aggressive rather than necessarily good investments and that caused those loans to get a high default rate, which includes caused investors to avoid purchasing the loans in the secondary market...

Buying a house with bad credit appears like an impossible achievement to numerous folks.The assumption is that as your credit history is substandard because of various reasons, no lender would want to 'touch' you so far as buying your dream home can be involved.While investing in a house with bad credit might not be very advisable, it really is now easy for individuals who never thought they might qualify for a home loan to buy a house...