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  2. 2007–2008 financial crisis - Wikipedia

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

    The 2007–2008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the Great Depression. Predatory lending in the form of subprime mortgages targeting low-income homebuyers, [ 1 ] excessive risk-taking by global financial institutions, [ 2 ] a continuous buildup of toxic assets within ...

  3. Subprime mortgage crisis - Wikipedia

    en.wikipedia.org/wiki/Subprime_mortgage_crisis

    In 2008, David Goldstein and Kevin G. Hall reported that more than 84% of the subprime mortgages came from private lending institutions in 2006, and the share of subprime loans insured by Fannie Mae and Freddie Mac decreased as the bubble got bigger (from a high of insuring 48% to insuring 24% of all subprime loans in 2006). [267]

  4. Government policies and the subprime mortgage crisis

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

    t. e. Government policies and the subprime mortgage crisis covers the United States government policies and its impact on the subprime mortgage crisis of 2007-2009. The U.S. subprime mortgage crisis was a set of events and conditions that led to the 2007–2008 financial crisis and subsequent recession. It was characterized by a rise in ...

  5. Subprime crisis background information - Wikipedia

    en.wikipedia.org/wiki/Subprime_crisis_background...

    Although most references to the Subprime Mortgage Crisis refer to events and conditions that led to the financial crisis and subsequent recession that began in 2008, a much smaller bubble and collapse occurred in the mid- to late-1990s, sometimes dubbed "Subprime I" [ 3] or "Subprime 1.0". [ 4]

  6. A shady financial tool from the housing-bubble era is making ...

    www.aol.com/shady-financial-tool-housing-bubble...

    America’s gummed-up housing market is a $45 trillion mess — a big old knot of economic forces smashing into a century’s worth of cultural conditioning about the value of homeownership.

  7. The final word on the housing bubble? - AOL

    www.aol.com/news/2008-03-19-the-final-word-on...

    The Wikipedia entry on the United States Housing Bubble is, I would argue, an example of the site at its finest. The article includes a time-line starting in 1985, and numerous charts and graphs ...

  8. Federal takeover of Fannie Mae and Freddie Mac - Wikipedia

    en.wikipedia.org/wiki/Federal_takeover_of_Fannie...

    The Housing and Economic Recovery Act of 2008—passed by the United States Congress on July 24, 2008, with bipartisan support and signed into law by President George W. Bush on July 30, 2008—enabled expanded regulatory authority over Fannie Mae and Freddie Mac by the newly established FHFA, and gave the U.S. Treasury the authority to advance ...

  9. 3 reasons why we aren’t in a housing emergency ... - AOL

    www.aol.com/finance/3-reasons-why-aren-t...

    Fannie Mae and Freddie Mac weren’t able to produce audited financial accounts for several years, Lockhart explained. So when the housing market began its descent and mortgage-backed securities ...

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