Life was never the same for millions of people after the collapse of Lehman Brothers investment bank in September 2008. Were you one of the many affected by the crisis? The global financial crisis ...
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Zero-down mortgages are back sparking fears of being the new subprime loans which caused the 2008 market crashA new “zero-down” mortgage program has sparked concern of fueling another housing bubble given its similarities to the disastrous subprime ... to the 2008 housing market crash.
The 2008 US housing market crash stands as one ... it takes a long time to bottom — a lesson that was illustrated in the US subprime mortgage catastrophe. "We estimate that real house prices ...
Risky adjustable-rate mortgages and lack of oversight on mortgage securitization created a crisis of global proportions in 2007 and 2008 ... in massive defaults. Subprime mortgages were poorly ...
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