Talk About Subprime

2 days ago. Goldman Sachs is casting a wide net for customers of its new credit card with Apple, approving some subprime borrowers for the product.

It includes a lot of talk about the nobility of extending credit to people no one else would lend to.. Subprime lenders routinely milk their customers for close to the maximum amount a given.

You shouldn’t judge a book, even a loan book, by its cover. But as you would suspect of a subprime deal, AMCAR 2012-4 is made up of. "Anybody can talk about anecdotes," Yezer said, "but major regulatory depositors [lenders] have all sorts of checks on rogue brokers, run fair lending exams and steer subprime borrowers into prime.

Subprime loans, collateralized debt obligation, interest rate swaps and tranches: This is the language of The Big Short, a movie that chronicles. It includes a lot of talk about the nobility of extending credit to people no one else would lend to.. Subprime lenders routinely milk their customers for close to the maximum amount a given.

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