Posted by admin! / Under Subprime Mortgage Crisis
WHEN the subprime crisis broke in 2007, credit-rating agencies were among the first groups to take the blame. Critics argued that investors had drawn false comfort from the AAA ratings that the agencies handed out on complex packages of mortgage-related debt. Furthermore, the raters were hamstrung by the conflicts of interest inherent in being paid
Published on Monday 15th of March 2010 09:31:27 AM
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Posted by admin! / Under Subprime Mortgage Crisis
The United States’ subprime mortgage crisis led to plummeting housing prices, a record number of foreclosures and eventually, our current recession. But the rash of foreclosures isn’t over, says U of M Housing Studies professor Jeff Crump. Crump, who studies foreclosure patterns, believes another round of housing trouble is almost here...
Published on Monday 15th of March 2010 09:31:27 AM
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Posted by admin! / Under Subprime Mortgage Crisis
mortgage crisis
Published on Monday 15th of March 2010 09:31:27 AM
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Posted by admin! / Under Subprime Mortgage Crisis
Sub-Prime Mortgages, Credit Default Swap... What's it all mean? Here's a quick video explaining it all in terms we can all understand.
Published on Monday 15th of March 2010 09:31:27 AM
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