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What is subprime problem?

Updated: 8/17/2019
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12y ago

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The Subprime Crisis is an economic problem that happened in the United States. It cannot be explained in a paragraph or so. In short, it happened due to uncontrolled lending in the US Financial Markets.

Some of the reasons for this crisis are:

1. The US real estate market crash

2. High default rates on Subprime loans &

3. Subprime Mortgage backed securities

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12y ago
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Related questions

What is subprime crises?

The Subprime Crisis is an economic problem that happened in the United States. It cannot be explained in a paragraph or so. In short, it happened due to uncontrolled lending in the US Financial Markets. Some of the reasons for this crisis are: 1. The US Real estate market crash 2. High default rates on Subprime loans & 3. Subprime Mortgage backed securities


What do you mean by subprime crisis?

The Subprime Crisis is an economic problem that happened in the United States. It cannot be explained in a paragraph or so. In short, it happened due to uncontrolled lending in the US Financial Markets. Some of the reasons for this crisis are: 1. The US Real estate market crash 2. High default rates on Subprime loans & 3. Subprime Mortgage backed securities


What are US SUBPRIME crises?

The Subprime Crisis is an economic problem that happened in the United States. It cannot be explained in a paragraph or so. In short, it happened due to uncontrolled lending in the US Financial Markets. Some of the reasons for this crisis are: 1. The US Real estate market crash 2. High default rates on Subprime loans & 3. Subprime Mortgage backed securities


What was subprime mortgage crisis of America?

The Subprime Crisis is an economic problem that happened in the United States. It cannot be explained in a paragraph or so. In short, it happened due to uncontrolled lending in the US Financial Markets. Some of the reasons for this crisis are: 1. The US Real estate market crash 2. High default rates on Subprime loans & 3. Subprime Mortgage backed securities


Are they doing any subprime loans anymore?

are they doing subprime loans anymore


How did the mortgage crisis happen?

The Subprime Crisis is an economic problem that happened in the United States. It cannot be explained in a paragraph or so. In short, it happened due to uncontrolled lending in the US Financial Markets. Some of the reasons for this crisis are: 1. The US real estate market crash 2. High default rates on Subprime loans & 3. Subprime Mortgage backed securities


What are the release dates for Subprime - 2010?

Subprime - 2010 was released on: USA: 17 September 2010


What does subprime mean in the dictionary?

Subprime has a couple different definitions. One definition is that subprime means being of less than top quality. Another definition is that subprime means a loan made to a borrower with poor credit rating, usually at high interest rates.


How can one obtain a subprime loan?

Subprime loans are offered to individuals with a credit score below 620. Such prestigious financial organizations as Chase Manhattan, BankOne, and Wells Fargo have begun offering subprime loans.


were can i get a subprime bank loan to buy a house?

You will get the information about subprime bank loan from http://www.hitxp.com/world/09102008.htm website


What information is available on Subprime auto leads?

There is a lot of information available on subprime auto leads. The best places to look for subprime auto leads would be to visit used car websites like eBay or Auto Trader.


How can you tell if you am getting a subprime loan rate?

Subprime loan rates usually are between 9% to 24% all depending on the variables presented. Subprime lending is usually granted to those who have less than perfect credit score.