Women's eNews (https://womensenews.org/tag/subprime/)
Women struggling with fallout from the mortgage crisis could get help in 2010. The government may start analyzing lending data for gender bias and the federal home-loan modification program could be expanded. The third of three stories.
Women’s expansion into home ownership coincided with a rush of complicated high-risk instruments onto the mortgage market. That turned a cornerstone of financial security into a dream crusher. The second of three stories.
Mortgage lending data doesn’t track a borrower’s gender as well as her credit history. But an extensive research analysis suggests women have been unfairly stuck with subprime “toxic” debt said to be for high-risk borrowers. The first of three parts.
Women are almost twice as likely as men to hold subprime mortgages. That means the ability of many to hang on to their homes could be tied up with Senate action–expected this month–on a bill to reduce mortgage payments.
Programs to curb foreclosures could have a disproportionate benefit for female homeowners. A Chicago Reporter gender analysis of mortgage data conducted for Women’s eNews finds female borrowers almost twice as likely to hold subprime loans.
Watch out, tradition: online matchmaking has put power in the hands of Muslim women looking for the right man. But some are still too embarrassed to admit this route to matrimony.