0
The collapse in the mortgage and real estate market that produced and oversupply of houses, plummeting the prices of houses and rendering worthless the so called "Mortgage Backed Securities" that were issued by financial institutions having as an underlying assets the mortgage loans.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What is the cause of world wide glacial recession?
Global warming
What was happening in the world when Harry Houdini was born?
Most likely it was a world wide recession, his father was a Hungarian imigrant.
What is the world wide depression?
World wide depression is nothing but the effect of Recession. Due to Economy Recession many people lay off and pink slips, this caused depression to the victims since the recession is sheer global economy, the depression raised globally.. Let me know if you need further deep dive. -Jitendra Nath Palem
Is it a good idea to Start a business right now?
God, no. World wide recession= Bad time.
What are the release dates for World Wide Dead - 2008?
World Wide Dead - 2008 was released on: UK: 31 October 2008 USA: 31 October 2008
When was World Wide Renewal Program created?
World Wide Renewal Program was created in 2008-06.
Is Dubai financial crisis going to effect the recovery of recession?
Delay in recovery from world wide recession is a certainty. The issue will get deepened, as the crisis involves one of the fundamental concept is finance- sovereign guarantee.
What actors and actresses appeared in World Wide Dead - 2008?
The cast of World Wide Dead - 2008 includes: Mark Ribolla as Eric Joseph Ripley as Ethan
What are the release dates for Camp Woodward - 2008 Wide World of Woodward - 6.8?
Camp Woodward - 2008 Wide World of Woodward - 6.8 was released on: USA: 27 April 2013
How many movies were made in 2008?
About 2.5 Million World Wide
As of 2008 how many deaths world wide recorded in bungee jumping?
2,300
Which had more viewers the world cup or the 2008 summer Olympics?
It is obviously the F.I.F.A world cup which has more viewers world wide.
