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- ...
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Subprime is a classification of borrowers with tarnished or limited credit histories. Subprime loans are perceived as riskier, so lenders charge higher ...
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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.
A subprime loan is a loan offered at a rate above prime to individuals who do not qualify for prime-rate loans.
A subprime mortgage is normally issued to borrowers with lower credit ratings. It typically carries a higher interest rate that can increase over time.
The subprime market is the business of lending money to people or businesses who are at a greater risk of default on their payments.
From lenders to buyers to hedge funds, when it comes to the subprime mortgage crisis, everyone had blood on their hands.
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.
Definition of Subprime Meltdown, INVESTOPEDIA, http://www.investopedia.com/ terms/s/subprime-meltdown.asp (last visited Nov. 22, 2010). 171. Definition of ...
http://www.ft.com/cms/s/0/547d2fd8-c977-11de-a071-00144feabdc0.html (visited Nov 21,. 2009). 13 See Financial Services Authority, The Turner Review: A ...