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2. Economic Stimulus Act of 2008 - Wikipedia

   en.wikipedia.org/wiki/Economic_Stimulus_Act_of_2008

   Eligible taxpayers received, along with their individual payment, $300 per dependent child under the age of 17. The payment was equal to the payer's net income tax liability, but could not exceed $600 (for a single person) or $1200 (married couple filing jointly). [3] Net liability can be found in these locations: Form 1040: line 57 plus line 52

3. Housing and Economic Recovery Act of 2008 - Wikipedia

   en.wikipedia.org/wiki/Housing_and_Economic...

   The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.

4. 2007–2008 financial crisis - Wikipedia

   en.wikipedia.org/wiki/2007–2008_financial_crisis

   A continuous buildup of toxic assets in the form of subprime mortgages purchased by Lehman Brothers ultimately led to the firm's bankruptcy in September 2008. The collapse of Lehman Brothers is often cited as both the culmination of the subprime mortgage crisis, and the catalyst for the Great Recession in the United States.

5. Subprime mortgage crisis - Wikipedia

   en.wikipedia.org/wiki/Subprime_mortgage_crisis

   Household debt grew from $705 billion at year end 1974, 60% of disposable personal income, to $7.4 trillion at yearend 2000, and finally to $14.5 trillion in midyear 2008, 134% of disposable personal income. [63] During 2008, the typical US household owned 13 credit cards, with 40% of households carrying a balance, up from 6% in 1970. [64]

6. Which Bills Should You Pay Yearly Instead of Monthly? - AOL

   www.aol.com/bills-pay-yearly-instead-monthly...

   Many people pay their bills on a monthly basis. However, some service providers and insurance companies offer bill payers the chance to make up-front payments. If you have the opportunity to do so,...

7. Bankruptcy of Lehman Brothers - Wikipedia

   en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers

   The bankruptcy of Lehman Brothers, also known as the Crash of '08 and the Lehman Shock, on September 15, 2008, was the climax of the subprime mortgage crisis. After the financial services firm was notified of a pending credit downgrade due to its heavy position in subprime mortgages, the Federal Reserve summoned several banks to negotiate ...

8. AOL Mail

   mail.aol.com

   Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

9. Government policies and the subprime mortgage crisis

   en.wikipedia.org/wiki/Government_policies_and...

   Bill Clinton stated (in 2008): "I don't see that signing that bill had anything to do with the current crisis." [21] Luigi Zingales argues that the repeal had an indirect effect. It aligned the formerly competing investment and commercial banking sectors to lobby in common cause for laws, regulations and reforms favoring the credit industry. [22]