Hard Money Mortgage loans are generally more expensive than traditional sub-prime mortgages.
African Americans and other minorities are being disproportionately led to sub-prime mortgages with higher interest rates than their white counterparts.
Are you asserting all sub-prime mortgages were fraudulent?
The roof fell in - in the case of some houses bought with sub-prime mortgages, literally so.
The bank's exposure to complex investments, many of them linked to sub-prime mortgages, was rapidly pushing Citigroup towards meltdown.
Last year Goldman Sachs paid a record $550m after misleading investors in the marketing of sub-prime mortgages.
I never felt that we contributed; buying and selling of companies is very far from sub-prime mortgages and sovereign debt, right?
This from one of the companies who graded sliced and diced sub-prime mortgages as a triple A investment.
The crisis was less a function of sub-prime mortgages than of a sub-prime financial system.
Debt-for-equity swaps are one way of dealing with sub-prime mortgages.