The United States subprime mortgage crisis will not peak until 2009, says rating agency Standard and Poor’s, adding it also underestimated the extent of fraud in the industry.

Business No subprime crisis here? Not so fast . . . Xceed is dumping mortgages, but not because of missed payments By Colin Campbell October 24, 2008 ...

The crisis began with the bursting of the United States housing bubble and high default rates on "subprime" and adjustable rate mortgages (ARM), beginning in approximately 2005–2006.

For their PIGS-related impact to reach the same scale for the world's banks as the subprime crisis, they would have to write down an unfathomable 89 per cent of their PIGS exposure, Mr. Lapointe said.

Analysts point to four key differences"For one, the magnitude of the subprime mortgage problem in 2007 was much larger with total mortgage debt outstanding rising $5-trillion from 2002 to 2007 ...

The recent turbulence on financial markets associated with the U.S. sub-prime lending crisis has not reached systemic levels of intensity, but there are still serious causes for concern, cautions ...

Laird says rates on subprime mortgages have inched up between 50 and 150 basis points in the last six weeks — a jump of as much as 1.5 percentage points in some cases, or the difference between ...

It appears that inflation has replaced the credit crunch as the financial markets’ biggest worry. Although the markets’ collective attention may have waned, that doesn’t mean the risks have abated.

Wealth management products are surging in China, risking a “subprime” crisis in that country, warns one economist. While China has so far avoided the type of financial crisis that crippled much of the ...

The next sub-prime crisis could be lurking in the auto sector. Gary Kaltbaum, president of Kaltbaum Capital Management, told FOX Business Network's Neil Cavuto on Cavuto Coast-to-Coast that easy ...

Subprime crisis: Greenspan’s legacy It is difficult to predict how long the current crisis in the world’s financial markets will last, write Tito Boeri and Luigi Guiso in a 28 August 2007 ...