{"id":60180,"date":"2017-07-08T13:00:00","date_gmt":"2017-07-08T06:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-sub-prime-market-is-back-in-business\/"},"modified":"2017-07-08T13:11:50","modified_gmt":"2017-07-08T06:11:50","slug":"the-sub-prime-market-is-back-in-business","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-sub-prime-market-is-back-in-business\/","title":{"rendered":"The \u2018sub-prime\u2019 market is back in business"},"content":{"rendered":"


\nThe industry is terrified of using those words, but the fact is people bankrupt just a year ago can now get a mortgageThe \u201csub-prime\u201d mortgage sector shut down following the financial crisis in 2007-08, but brokers say more and more lenders are returning to the market \u2013 with some willing to lend to people who were bankrupt as little as a year or so ago.On 30 June new retail bank Masthaven became the latest company to open its doors to people who have suffered financial problems, such as one or two missed mortgage payments, or who have county court judgments against them, depending on how big and how recent these CCJs are. Continue reading…
\n
\nSource : theguardian.com
\nRead more…The \u2018sub-prime\u2019 market is back in business<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The industry is terrified of using those words, but the fact is people bankrupt just...<\/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-60180","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-fEE","jetpack-related-posts":[{"id":85108,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sub-prime-mortgages-make-a-comeback-with-a-new-name-and-soaring-demand\/","url_meta":{"origin":60180,"position":0},"title":"Sub-prime mortgages make a comeback\u2014with a new name and soaring demand","date":"April 12, 2018","format":false,"excerpt":"\r Sub-prime mortgages disappeared following the financial crisis, but demand is back from borrowers and investors.\r \r Source : cnbc.com\r Read more...Sub-prime mortgages make a comeback\u2014with a new name and soaring demand","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59554,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mps-and-charities-urge-car-leasers-to-publish-sub-prime-loan-figures\/","url_meta":{"origin":60180,"position":1},"title":"MPs and charities urge car leasers to publish sub-prime loan figures","date":"July 2, 2017","format":false,"excerpt":"\r Fears over lending grow as 85% of new cars are financed using loans but car leasing lacks industry-wide figures for arrears and defaultsMPs and debt charities have called on the car leasing industry to reveal the number of people in arrears and defaulting on loans, amid fears that consumer\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-had-a-sub-prime-housing-problem-now-it-has-a-super-prime-crisis\/","url_meta":{"origin":60180,"position":2},"title":"London had a sub-prime housing problem. Now it has a super-prime crisis","date":"April 20, 2016","format":false,"excerpt":"\r Across London, social housing is being demolished to build luxury towers for global investors. Only eight years since the financial crash, Anna Minton marvels at how, once again, we\u2019ve let the property market spiral out of controlLondon Housing Crisis: Have We Reached a Tipping Point? is at University Square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70586,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-rise-would-not-hit-house-prices-says-moodys\/","url_meta":{"origin":60180,"position":3},"title":"UK interest rate rise would not hit house prices, says Moody's","date":"November 1, 2017","format":false,"excerpt":"\r Ratings agency says property market is resilient despite Brexit uncertainty \u2013 but outlook for buy-to-let has got worseThe UK\u2019s property market will take this week\u2019s expected rise in interest rates in its stride, according to ratings agency Moody\u2019s, but it warned that the outlook for the buy-to-let market has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115086,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/potential-wave-of-mortgage-delinquencies-could-bankrupt-the-payment-system\/","url_meta":{"origin":60180,"position":4},"title":"Potential wave of mortgage delinquencies could bankrupt the payment system","date":"March 24, 2020","format":false,"excerpt":"\r Mortgage bankers estimate that if a quarter of borrowers are granted loan forbearance for six months or longer, demands on servicers could exceed $75 billion and could climb well above $100 billion. That would easily bankrupt the mortgage finance system.\r \r Source : cnbc.com\r Read more...Potential wave of mortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115098,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-delinquencies-could-bankrupt-servicers-mba\/","url_meta":{"origin":60180,"position":5},"title":"Mortgage delinquencies could bankrupt servicers: MBA","date":"March 24, 2020","format":false,"excerpt":"\r CNBC's Diana Olick reports on how the mortgage industry is also feeling the impact of the coronavirus outbreak.\r \r Source : cnbc.com\r Read more...Mortgage delinquencies could bankrupt servicers: MBA","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\/60180"}],"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=60180"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/60180\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=60180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=60180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=60180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}