Subprime Refinancing: Equity Extraction and Mortgage Termination ; Authors · Anthony Pennington-Cross, Marquette University Follow Souphala Chomsisengphet, Office of the Comptroller of the CurrencyFollow ; Document Type · Article ; Language · eng ; Format of Original · 31 p. Publication Date · Summer 2007 ; Publisher · Wiley ; Source Publication · Real Estate Economics ; Source ISSN · 1080-8620 ; Abstract · This article examines the choice of borrowers to extract wealth from ho...
message ) Refinancing is the replacement of an existing debt... The terms and conditions of refinancing may vary widely by... In many industrialized nations, common forms of refinancing...
Subprime Refinancing: Equity Extraction and Mortgage Termination
These practices are concentrated in the subprime mortgage market, where record numbers of Americans are refinancing their homes for consumer credit purposes. Subprime lending serves an...
233 - 263 Abstract This article examines the choice of borrowers to extract wealth from housing in the high-cost (subprime) segment of the mortgage market and assesses the prepayment and...
Subprime Lending by Sarah Zhao Click here to download this report. Executive Summary This... Refinancing involves the re-evaluation of a person’s credit and repayment status; it can...
( February 2013 ) Part of a series on the Great Recession Major aspects Subprime mortgage... 1 Arguments for systematic refinancing 6.2 Arguments against systematic refinancing 7 Conflicts...
of subprime mortgages acted as a catalyst for the Great... aspects Subprime mortgage crisis 2000s energy crisis 2000s... the subprime crisis Government policies and the subprime mortgage...
서브프라임 모기지 사태(Subprime Mortgage Crisis)는 2001년부터 금융기관들과 부자들의 탐욕으로 본격적으로... 서브프라임(Subprime)은 은행의 고객 분류 등급 중 비우량 대출자 를 뜻하며 모기지(Mortgage)는...
Maloney, Vice Chair October 2007 The Subprime Lending Crisis As the losses caused by the... by refinancing the mortgage. Cash can be withdrawn from the increased equity in the house, and...