Sound Off: Thoughts on the return of subprime mortgages?

A: According to the FDIC, the term “subprime” refers to the credit characteristics of individual borrowers. Subprime borrowers typically have weakened credit histories that include payment delinquencies, and possibly more severe problems such as charge-offs, judgments, and bankruptcies. They may also display reduced repayment capacity as measured by credit scores, debt-to-income ratios, or other criteria that may encompass borrowers with incomplete credit histories.

After such a severe housing crises and recession, one would think that the subprime mortgages will never make a come back. Yet, as of January, bailout funds were completely recovered by the government.