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.

Read on to learn how the explosive growth of the subprime mortgage market, which began in 1999, played a significant role in setting the stage for the turmoil ...

Read on to find out more about each individual player and what role they played in the crisis. Key Takeaways. The subprime mortgage crisis was the collective ...

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

A subprime mortgage is normally issued to borrowers with lower credit ratings. It typically carries a higher interest rate that can increase over time.

In the early and mid-2000s, high-risk mortgages became available from lenders who funded mortgages by repackaging them into pools that were sold to investors.

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