sub-prime

Bank of America, which bought the largest mortgage lender in the US last year at the height of the sub-prime crisis, also announced large write-downs on its assets, mainly ­sub-prime home loans.

Latest financial, market & economic news and analysis | guardian.co.uk 2009

Bordeaux has long been the sort of community that African Americans have associated with middle class comforts, a neighborhood in which, in previous generations, black business owners, doctors and academics purchased and built homes -- long before anyone ever heard the term sub-prime mortgage.

Black Communities Struggle With Mass Joblessness The Huffington Post News Editors 2011

The three investigations were among the first to weigh criminal charges against the companies and executives at the heart of the U.S. housing crisis, which was in part caused by offering so-called sub-prime loans to people who may not have otherwise qualified for credit.

Reuters: Press Release 2011

Obama has a personal history with this effort, actually suing banks who would not provide the sub-prime lending that he later, as President, blamed them for undertaking

Coyote Blog » Blog Archive » The CRA and the Mortgage Meltdown 2009

Many of these institutions did not get caught up in the sub-prime lending disaster.

Women Grow Business » Raising Capital for Your Business: Strategies and Resources 2009

It was politcians like Cris Dodd, Brank Franks and others that forced the banking community to make sub-prime loans that caused the crash.

Obama adviser slams Wall Street 2009

Are you serious there is no one to blame except the banks that invested in those sub-prime mortgages.

CNN Poll: Blame for recession shifting from GOP to Democrats 2009

So, it may be that the US is about to emerge stronger than ever from the long nightmare of the sub-prime mortgage crisis.

Decline and fall of the American empire 2011

It was Barney Franks sub-prime lending bill that bankrupted the nation and now a stimulus bill and health care bill that will waste the time and money needed to get us out of this mess.

Senate Democrats moving towards dropping Medicare buy-in 2009

I underwrote mortgage loans for 12 years prior to auditing sub-prime mortgages.

Biden: Dodd is 'getting the living hell beat out of him' 2009