The subprime meltdown includes the economic and market fallout following the housing boom and bust from 2007 to 2009.
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People also ask
How did CDOs cause the financial crisis?
How did subprime mortgages cause the crisis?
What is the subprime crisis in simple terms?
Who is at fault for the Great Recession?
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From lenders to buyers to hedge funds, when it comes to the subprime mortgage crisis, everyone had blood on their hands.
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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 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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Collateralized debt obligations are exotic financial instruments that can be hard to understand. Learn the role they played in the 2008 financial crisis.
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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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