{"id":99738,"date":"2018-10-13T00:42:00","date_gmt":"2018-10-12T17:42:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-line-up-for-zero-down-payment-subprime-mortgages\/"},"modified":"2018-10-13T01:04:24","modified_gmt":"2018-10-12T18:04:24","slug":"thousands-line-up-for-zero-down-payment-subprime-mortgages","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-line-up-for-zero-down-payment-subprime-mortgages\/","title":{"rendered":"Thousands line up for zero-down-payment, subprime mortgages"},"content":{"rendered":"


\nFollowing 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
\n
\nSource : cnbc.com
\nRead more…Thousands line up for zero-down-payment, subprime mortgages<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Following the subprime mortgage crisis, low-income borrowers with low credit scores were locked out of...<\/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-99738","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-pWG","jetpack-related-posts":[{"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":99738,"position":0},"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":86691,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nonprime-time\/","url_meta":{"origin":99738,"position":1},"title":"Nonprime time","date":"April 27, 2018","format":false,"excerpt":"\r Subprime mortgages were home loans made to borrowers with weak credit and high debt. The default of many of those risky mortgages was a major cause of the financial crisis. Ten years later, they\u2019re back, as \u201cnonprime\u201d loans. We ask Redfin Chief Economist Nela Richardson if the risk has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/subprime-is-now-nonprime-high-risk-mortgage-lending-is-back\/","url_meta":{"origin":99738,"position":2},"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":97964,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/subprime-mortgages-are-back-a-decade-after-the-fall-of-lehman\/","url_meta":{"origin":99738,"position":3},"title":"Subprime mortgages are back – a decade after the fall of Lehman","date":"September 16, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Subprime mortgages are back - a decade after the fall of Lehman","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85118,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/subprime-stages-comeback-as-non-prime-loans\/","url_meta":{"origin":99738,"position":4},"title":"Subprime stages comeback as 'non-prime' loans","date":"April 13, 2018","format":false,"excerpt":"\r CNBC's Diana Olick reports on non-prime loans aimed at poor credit borrowers.\r \r Source : cnbc.com\r Read more...Subprime stages comeback as 'non-prime' loans","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":99738,"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\/99738"}],"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=99738"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/99738\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=99738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=99738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=99738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}