Subprime mortgages played a major role in the 2008 financial crisis, which led to the Great Recession. In this article, we will take a closer look at subprime mortgages and their impact on the economy.
What is a subprime mortgage?
How did subprime mortgages contribute to the 2008 financial crisis?
The aftermath of the financial crisis
The role of regulation in preventing future financial crises
The future of subprime mortgages
Subprime mortgages caused a major disruption in the economy, leading to a global financial crisis that affected millions of people. While regulation has improved in the aftermath of the crisis, there are still concerns about the future of subprime mortgages and their impact on the economy.