Comments on: Subprime Lending in a Nutshell http://www.subprimeblogger.com/2008/10/27/subprime-lending-in-a-nutshell/ Your Mortgage News Source Fri, 19 Mar 2010 05:00:32 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Subprime Blogger » Financing Subprime http://www.subprimeblogger.com/2008/10/27/subprime-lending-in-a-nutshell/comment-page-1/#comment-960 Subprime Blogger » Financing Subprime Thu, 15 Jan 2009 19:22:09 +0000 http://www.subprimeblogger.com/?p=3#comment-960 [...] Subprime Lending In A Nutshell [...] [...] Subprime Lending In A Nutshell [...]

]]> By: admin http://www.subprimeblogger.com/2008/10/27/subprime-lending-in-a-nutshell/comment-page-1/#comment-20 admin Sat, 01 Nov 2008 04:12:52 +0000 http://www.subprimeblogger.com/?p=3#comment-20 I would agree there are many causes, I should have worded the analysis a little bit differently. Sorry guys! I would agree there are many causes, I should have worded the analysis a little bit differently. Sorry guys!

]]> By: Lao Tzu http://www.subprimeblogger.com/2008/10/27/subprime-lending-in-a-nutshell/comment-page-1/#comment-12 Lao Tzu Fri, 31 Oct 2008 05:15:04 +0000 http://www.subprimeblogger.com/?p=3#comment-12 I am not sure if I totally agree. This was one cause, but there was also a huge increase in house prices in major cities in 2006-2007 as people flipped houses for big profits. House prices roughly doubled in less than 5 years. I think this was also a big factor that no one seems to be talking about. It's easy to say people defaulted on their loans, but when they have higher interest rates and overpriced houses, is it really their fault. People need a place to live. I am not sure if I totally agree. This was one cause, but there was also a huge increase in house prices in major cities in 2006-2007 as people flipped houses for big profits. House prices roughly doubled in less than 5 years. I think this was also a big factor that no one seems to be talking about. It’s easy to say people defaulted on their loans, but when they have higher interest rates and overpriced houses, is it really their fault. People need a place to live.

]]> By: Danny Thornton http://www.subprimeblogger.com/2008/10/27/subprime-lending-in-a-nutshell/comment-page-1/#comment-2 Danny Thornton Tue, 28 Oct 2008 10:26:20 +0000 http://www.subprimeblogger.com/?p=3#comment-2 Actually, I have to say I really do not agree with this assessment at all. Subprime Lending is not what caused the Crisis that we are currently in. What people do not understand about today's crisis is that it is not just Subprime that is defaulting. There are many components that make up the reasoning to the current crisis. One would be the "Stated Loan" and another would be the "ARM", or Adjustable Rate Mortgages. The thing that people do not realize is that conventional loans are tanking just like subprime loans. It is just looked at that the Conventional is a smarter product that the Subprime. Bottom line is no matter how you slice it, we would not be in the current crisis if people had of bought a little less house and qualified for the future and not the present. Actually, I have to say I really do not agree with this assessment at all. Subprime Lending is not what caused the Crisis that we are currently in. What people do not understand about today’s crisis is that it is not just Subprime that is defaulting.

There are many components that make up the reasoning to the current crisis. One would be the “Stated Loan” and another would be the “ARM”, or Adjustable Rate Mortgages.

The thing that people do not realize is that conventional loans are tanking just like subprime loans. It is just looked at that the Conventional is a smarter product that the Subprime.

Bottom line is no matter how you slice it, we would not be in the current crisis if people had of bought a little less house and qualified for the future and not the present.

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