what caused the turbulence in the financial markets as a result of sub prime mortgages, why it affected so man
caused the turbulence in the financial markets as a result of sub prime mortgages, why it affected so many different types of financial institutions including the real estate market, and what the Fed. Reserve Bank and Treasury dept are doing to contain the issues. “subprime mortgages”
Tags: affected, Caused, financial, markets, Mortgages, prime, result, turbulence
.This is not a one answer question, but take your pick. You have people that have been laid off while there jobs are going over seas for cheaper labor and thanks to your president he is even going to gv them a tax for doing so. You have your brokers who lied to cust’s to get them an ARM rate that they could not afford anyway. You have your mortgage bankers that gave loans to anybody that had a pulse and could breathe. your over inflated home loans