Subprime Mortgage Loans & Financial Crises
The subprime mortgage loan is a Loan provided to potential home-buyers at high interest rates and high credit risk. It also covers the clustering of loans, mortgage securities, and other monetary debts. Financial crises occurred from 2007-2010, and one major factor was the subprime mortgage crisis. Subprime mortgage crises hit the United States Financial market and collapsed the housing bubble that triggered the financial crises. The major cause of the