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As Economy Slows, 'Subprime' Lending Looks Even Riskier.
- Source :
-
Wall Street Journal - Eastern Edition . 8/16/2001, Vol. 238 Issue 33, pA1. 0p. 2 Graphs. - Publication Year :
- 2001
-
Abstract
- Reports on 'subprime' lending in the United States and its effect on lending institutions. Bank of America's withdrawal from subprime lending after taking a $1.25 billion charge; Increase in delinquencies and foreclosures; Rapid increase in subprime debt.
- Subjects :
- *MORTGAGE loans
*LOANS
*CREDIT ratings
*DEFAULT (Finance)
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 238
- Issue :
- 33
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 5011600