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  • How do failed sub prime mortgages and increases of the supply of homes decrease the price of apartment rents?

    Home Loans 17.11.2010 4 Comments
    Some Guy asked:


    I was reading an article in the business section of the L.A. Times today discussing the result of sub primes mortgages after the housing boom. It mentioned that resulting home foreclosures would “slow the rise in rents”. I’m wondering, in an economic sense, how this is possible.

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    Tags: Apartment Rents, Business Section, Sub Prime Mortgages

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  • Is the sub prime lending crises due to banks trying to unload mortgages/bussiness loans of illegal alians?

    Home Loans 31.08.2010 3 Comments
    socialanimal asked:


    What are the major “low” lending standards that has caused the “sub prime” mortgages crises?

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    Tags: Bussiness Loans, Crises, Sub Prime Mortgages

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  • Is the current economic meltdown affecting the prices of all mortgages in America, or just the bad mortgages?

    Home Loans 20.09.2009 4 Comments
    daibato


    In other words, are the values of just the faulty sub-prime mortgages being affected, or are the values of all American mortgages affected?

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    Tags: Economic Meltdown, Sub Prime Mortgages

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  • Home loans with low down payments require PMI insurance, so why are banks losing money on sub-prime mortgages?

    Home Loans 10.10.2008 2 Comments
    cmsb705


    A home loan with less than 20% down requires PMI (Private Mortgage Insurance). Since most “sub-prime” mortgages would require PMI, why are banks losing so much money on these loans? Shouldn’t it be the insurance companies that lose the money?

    Tags: Much Money, Sub Prime Mortgages

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