{"id":58704,"date":"2017-06-22T22:31:43","date_gmt":"2017-06-22T15:31:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/buffett-rescues-teetering-canadian-subprime-mortgage-lender\/"},"modified":"2017-06-22T22:49:46","modified_gmt":"2017-06-22T15:49:46","slug":"buffett-rescues-teetering-canadian-subprime-mortgage-lender","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buffett-rescues-teetering-canadian-subprime-mortgage-lender\/","title":{"rendered":"Buffett rescues teetering Canadian subprime mortgage lender"},"content":{"rendered":"


\nBerkshire Hathaway provides C$2.4bn financing package for Home Capital Group
\n
\nSource : ft.com
\nRead more…Buffett rescues teetering Canadian subprime mortgage lender<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Berkshire Hathaway provides C$2.4bn financing package for Home Capital Group Source : ft.com Read...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-58704","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-fgQ","jetpack-related-posts":[{"id":65106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/subprime-is-now-nonprime-high-risk-mortgage-lending-is-back\/","url_meta":{"origin":58704,"position":0},"title":"Subprime is now \u2018nonprime\u2019: High-risk mortgage lending is back","date":"August 31, 2017","format":false,"excerpt":"\r Subprime loans were one of the main causes of the financial crisis. But lending to high-risk borrowers are making a comeback, Financial Times reports.\r \r Source : cnbc.com\r Read more...Subprime is now \u2018nonprime\u2019: High-risk mortgage lending is back","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/here-we-go-again-us-subprime-mortgage-bonds-are-back-in-fashion\/","url_meta":{"origin":58704,"position":1},"title":"Here we go again: US subprime mortgage bonds are back in fashion","date":"March 30, 2018","format":false,"excerpt":"\r Remember subprime loans, the thing that brought the global financial system to the brink of collapse a decade ago? Yeah, they've become a hot investment category all over again, the FT reports.\r \r Source : cnbc.com\r Read more...Here we go again: US subprime mortgage bonds are back in fashion","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115332,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-effect-could-be-far-deeper-than-the-subprime-crisis-says-mortgage-company-ceo\/","url_meta":{"origin":58704,"position":2},"title":"Coronavirus effect could be 'far deeper than the subprime crisis,' says mortgage company CEO","date":"April 1, 2020","format":false,"excerpt":"\r For most mortgage borrowers, the first of the month is payment day. This month,on however, is a very different story. Millions of borrowers have either lost jobs or income, and are suddenly struggling to make those monthly payments.\r \r Source : cnbc.com\r Read more...Coronavirus effect could be 'far deeper\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tseung-kwan-o-flats-selling-at-manhattan-prices-yet-hong-kong-developers-subprime-mortgage-tactics-go-unchecked\/","url_meta":{"origin":58704,"position":3},"title":"Tseung Kwan O flats selling at Manhattan prices, yet Hong Kong developers\u2019 subprime mortgage tactics go unchecked","date":"May 26, 2016","format":false,"excerpt":"\r In a letter to his wife Jiang Qing in 1966, Mao Zedong wrote: \u201cGreat chaos achieves great order.\u201d Unfortunately in Hong Kong, an oppressive order among our property developers has resulted in great chaos for the rest of the population.\r \r Source : South China Morning Post\r Read more...Tseung\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99738,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-line-up-for-zero-down-payment-subprime-mortgages\/","url_meta":{"origin":58704,"position":4},"title":"Thousands line up for zero-down-payment, subprime mortgages","date":"October 13, 2018","format":false,"excerpt":"\r Following the subprime mortgage crisis, low-income borrowers with low credit scores were locked out of homeownership. Now a major player in the subprime crisis is backing new loans to the same borrowers but with a far different product.\u00a0\r \r Source : cnbc.com\r Read more...Thousands line up for zero-down-payment, subprime\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114880,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuilding-stocks-having-their-worst-day-since-the-subprime-crisis\/","url_meta":{"origin":58704,"position":5},"title":"Homebuilding stocks having their worst day since the subprime crisis","date":"March 12, 2020","format":false,"excerpt":"\r Stocks of the nation's homebuilders are tanking, on pace for their worst day since December 1, 2008, when the subprime mortgage crisis brought the whole housing market to its knees.\r \r Source : cnbc.com\r Read more...Homebuilding stocks having their worst day since the subprime crisis","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/58704"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=58704"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/58704\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=58704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=58704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=58704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}