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Subprime mortgage crisis 2007–2010 the expansion of mortgages to high-risk borrowers, coupled with rising house prices, contributed to a period of turmoil in financial markets that lasted. Subprime crisis background information this article is written many mortgage lenders approved loans for borrowers without carefully examining their ability to pay many borrowers took. Between 2000-2007 the mortgage business was characterized by a surge in originations of subprime mortgage refinance loans since 2007, many of those mortgages have defaulted, and property. Subprime loansabstract this paper investigates the unethical practices of mortgage brokers, spurred on by an overzealous government, that have resulted in the collapse of the housing.
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