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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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What was the subprime mortgage crisis in simple terms?
Who is to blame for the Great Recession?
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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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 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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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—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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The stock market and housing market crashes of 2008 trace their origins to the unprecedented growth of the subprime mortgage market that began in 1999.
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