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The subprime crisis was a financial disaster that happened in the late 2000s. Lending to Risky Borrowers: Banks and financial institutions started giving out loans to people who were considered risky borrowers. These individuals had lower credit scores and might have had difficulty paying back their loans.
Mar 3, 2015
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The foreclosure crisis was a period of drastically elevated property seizures in the U.S. housing market between 2007 and 2010. ... A high-ratio loan is a loan ...
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