Risky adjustable-rate mortgages and lack of oversight on mortgage securitization created a crisis of global proportions in 2007 and 2008. Mortgages sold to U.S. homeowners were responsible for a ...
Fact checked by Yarilet Perez Reviewed by Caitlin Clarke The financial crisis of 2008, often called the Great Financial ...
In “The Killing Fields of East New York,” Stacy Horn profiles one 1990s white-collar crime spree and the wreckage it left ...
Ivashina, Victoria, and David S. Scharfstein. "Bank Lending During the Financial Crisis of 2008." Journal of Financial Economics 97, no. 3 (September 2010): 319–338.
Mortgage-backed securities contained ... Lehman Brothers declared bankruptcy on September 15, 2008. A global financial crisis was underway. In 2010, under the Troubled Asset Relief Program ...
Alfaro, Laura, and Renee Kim. "U.S. Subprime Mortgage Crisis: Policy Reactions (A)." Harvard Business School Case 708-036, March 2008. (Revised July 2009.) ...
The IMF’s Chief Economist explained in a November 2008 lecture how a crisis that began in mortgage-backed securities turned into the worst recession since the 1930s. For a time after the start of the ...
That grim figure led to comparisons with the 2008 mortgage crisis. This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face ...
Mortgage lending rules were toughened after the 2008 financial crisis to make sure there could be no return to irresponsible lending. Matt Smith, a mortgage expert at property website Rightmove, said ...