The subprime meltdown includes the economic and market fallout following the housing boom and bust from 2007 to 2009.
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Why did the 2008 crash happen?
What is the subprime crisis in simple terms?
What caused the housing crash?
Why is it called subprime?
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 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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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 ...
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A subprime mortgage is normally issued to borrowers with lower credit ratings. It typically carries a higher interest rate that can increase over time.
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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 subprime mortgage—now known as nonprime mortgages—is a type of loan granted to those who would not be able to qualify for conventional home mortgages.
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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.
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