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- ...

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

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 ...

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

Credit flowed with relative ease, making it nearly impossible to be declined for a loan, credit card, or mortgage. Subprime loans were rampant, giving investors ...

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.

Too big to fail” describes a situation in which a business is so deeply ingrained in an economy that its failure would be disastrous to that economy.

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.