housing

A subprime loan is offered to borrowers who do not qualify for prime rates due to factors like poor credit, low income, or limited credit history. These loans carry higher interest rates to offset the increased risk of default.

A subprime mortgage is a subprime loan used as a mortgage (to buy property, such as a house), that is made available to borrowers with low credit scores, meaning that the risk of default is higher than lenders with better credit ratings who are entitled to receive prime mortgages.

An unlawful detainer, also known as an eviction lawsuit, is a summary proceeding to determine the right to possession of real property.