The subprime meltdown was the sharp increase in high-risk mortgages that went into default beginning in 2007. The housing boom of the mid-2000s, along with low- ...

A collateralized debt obligation (CDO) is a complex financial product backed by a pool of loans and other assets and sold to institutional investors.

A synthetic CDO is a collateralized debt obligation that invests in credit default swaps or other non-cash assets to gain exposure to fixed income.

Anytime something bad happens, it doesn't take long before people start to assign blame. It could be as simple as a bad trade or an investment that no one ...

The subprime market is the business of lending money to people or businesses who are at a greater risk of default on their payments.

Collateralized debt obligations are exotic financial instruments that can be hard to understand. Learn the role they played in the 2008 financial crisis.

The meltdown of the subprime mortgage market in 2007 and 2008 led to the Great Recession. Learn more about the factors that caused the financial crisis.

Mortgage-backed securities (MBS) and collateralized debt obligations (CDOs) are technically two different financial instruments, though they share many ...