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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- ...
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The subprime market is the business of lending money to people or businesses who are at a greater risk of default on their payments.
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The Great Recession. The subprime mortgage crisis didn't just hurt homeowners, it had a ripple effect on the global economy leading to the Great Recession which ...
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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.
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A collateralized debt obligation is a structured financial product that is backed by a pool of loans and other assets. Because CDO-cubeds are a derivative of a ...
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A collateralized debt obligation (CDO) is a complex financial product backed by a pool of loans and other assets and sold to institutional investors.
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CDOs are structured debt instruments and when comprised of mortgages are known as mortgage-backed securities (MBS).
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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.
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