Translation of subprime in Spanish:

subprime

sub prime, adj.

Pronunciation /ˌsəbˈpraɪm//ˈsʌbprʌɪm/

adjective

  • 1

    (loans/market) (dirigido a clientes de bajos recursos o con un historial de crédito deficiente y que se caracteriza por incorporar tipos de interés elevados) sub prime
    • Banks excelled at such practices during the 1980 s Latin American debt crisis, a forerunner of the current subprime crisis.
    • With structured finance, virtually any type of loan - commercial, consumer, mortgage, prime or subprime - can be monetized.
    • He worked in information technology at the bank, which lost money on subprime mortgages.
    • In November, five major banks reported losses from the subprime market.
    • Investors who bought securities backed by subprime loans apparently did not understand the risks either.
    • He campaigned around the country to put Social Security funds in subprime mortgages.
    • We also have included immediate relief for homeowners who are at the risk of losing their homes because of the subprime crisis.
    • Under the bill's underwriting standards, subprime loans will be barred from carrying prepayment penalties.
    • Congressional liberals fought for risky subprime loans.
    • Let's not forget that this subprime crisis was created by America's lending industry.
    • The last time I looked at the numbers, they had lost just as much money in the subprime crisis as their American counterparts.
    • Many credit rating agencies have continued to give favourable credit ratings to subprime products.
    • Right now subprime defaults are at 20 %.
    • In Congress two recent bills seek to set national subprime lending standards.
    • And while some subprime borrowers were duped by complicated loan terms, financial literacy is even worse in developing countries.
    • She also wants a 90-day freeze on subprime foreclosures and a five-year freeze on subprime interest rates.
    • The FBI currently has 26 pending corporate fraud investigations involving subprime lenders.
    • These are the same neighborhoods where bank data shows a high level of subprime lending practices in recent years.
    • Nearly half of these mortgages were subprime, National Community Reinvestment Coalition found.
    • In 2005, 69 percent of the homes purchased in the tract were bought with subprime mortgages.