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"That's the issue ratings agencies had with subprime.
In 2005, 69percentt of the homes purchased in the tract were bought with subprime mortgages.
The market crashed as homeowners with subprime and other troublesome loans defaulted at record levels.
Its proponents argue that any similarity with subprime loans is misleading.
Big investors have accused them of missing the problems with subprime loans.
As was the case with subprime debt, it seems likely some banks are underreporting their risks.
Bank executives, meanwhile, warn that the mortgage mess is much broader than people with subprime loans.
"We aren't talking about an asset class that has anything to do with subprime".
Bernanke's brash denial about any problem with subprime lending cost the US dearly.
Compared with subprime loans over all, the NeighborWorks loans really outperform.
She has nothing to do with subprime mortgages or other "toxic" assets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com