Subprime mortgage loans
From Library of Congress Subject Headings
Subprime mortgage loans
- Here are entered works on mortgage loans offered at a higher interest rate than the prime rate, primarily to individuals with low credit scores who do not qualify for traditional financing.
URI(s)
- http://id.loc.gov/authorities/subjects/sh2008004346
- info:lc/authorities/sh2008004346
- http://id.loc.gov/authorities/sh2008004346#concept
Instance Of
Scheme Membership(s)
Collection Membership(s)
Variants
- B-paper mortgage loans
- Near-prime mortgage loans
- Non-prime mortgage loans
- Nonprime mortgage loans
- Second chance mortgage loans
- Sub-prime mortgage loans
Broader Terms
Sources
- found: LC database, June 4, 2008.
- found: Wikipedia, June 4, 2008 ("In general, subprime lending (also known as B-paper, near-prime, or second chance lending) is lending at a higher rate than the prime rate. However, in US mortgage lending specifically, the term "subprime" simply refers to loans that do not meet Fannie Mae or Freddie Mac guidelines. [O]ften defined ... as lending to borrowers with compromised credit histories")
- found: Google search, June 4, 2008 (B-paper mortgage loans; near-prime mortgage loans; non-prime mortgage loans; nonprime mortgage loans; second chance mortgage loans; sub-prime mortgage loans)
General Notes
- Here are entered works on mortgage loans offered at a higher interest rate than the prime rate, primarily to individuals with low credit scores who do not qualify for traditional financing.
Change Notes
- 2008-06-19: new
- 2008-06-20: revised
Alternate Formats
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