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The subprime meltdown includes the economic and market fallout following the housing boom and bust from 2007 to 2009.
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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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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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Subprime refers to borrowers with a poor credit history or none at all. Subprime loans carry higher interest rates to make up for the greater risk that subprime ...
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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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A subprime loan is a loan offered at a rate above prime to individuals who do not qualify for prime-rate loans.
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The expansion of mortgages to high-risk borrowers, coupled with rising house prices, contributed to a period of turmoil in financial markets that lasted ...
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