Mortgages issued to borrowers whose credit histories include failures to make payments on bills are known as ________ mortgages.

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Subprime mortgages are issued to borrowers with lower credit scores, typically below 620, and may have a history of delinquencies or defaults on their debt obligations. These loans usually come with higher interest rates and fees than prime loans.

Mortgages Issued to Borrowers Whose Credit Histories Include Failures to Make