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- ...

A collateralized debt obligation (CDO) is a complex financial product backed by a pool of loans and other assets and sold to institutional investors.

The subprime market is the business of lending money to people or businesses who are at a greater risk of default on their payments.

Read on to find out more about each individual player and what role they played in the crisis. Key Takeaways. The subprime mortgage crisis was the collective ...

Key Takeaways. The stock market and housing market crashes of 2008 trace their origins to the unprecedented growth of the subprime mortgage market that began in ...

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.

CDOs are structured debt instruments and when comprised of mortgages are known as mortgage-backed securities (MBS).

The expansion of mortgages to high-risk borrowers, coupled with rising house prices, contributed to a period of turmoil in financial markets that lasted ...