Subprime Lending
Latest Posts
Angelo Mozilo, the ‘face of the financial crisis,’ dies at 84
Jul 17, 2023Angelo Robert Mozilo, the founder of Countrywide Financial, died from natural causes this weekend. He was 84 years old.
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GE’s subprime lender WMC Mortgage files for Chapter 11 bankruptcy
Apr 24, 2019 -
No-income, no-asset mortgages are back (at one lender, at least)
Apr 16, 2019 -
GE to pay $1.5 billion fine over WMC Mortgage subprime loans
Apr 12, 2019 -
GE claims it reached $1.5 billion settlement with DOJ over WMC subprime loans
Jan 31, 2019 -
Wells Fargo to pay $2 billion for allegedly lying about subprime mortgages
Aug 01, 2018 -
GE books $1.5 billion for potential settlement with DOJ over WMC subprime loans
May 07, 2018 -
Carrington in the Winner’s Circle: Why we launched a nonprime mortgage product
Apr 24, 2018 -
Carrington Mortgage Services launches subprime lending program
Apr 03, 2018 -
S&P: We expect non-QM market to double, or even triple, in size in 2018
Dec 04, 2017 -
Former Deutsche Bank head subprime mortgage bond trader fires back at U.S. fraud charges
Sep 12, 2017