What is a subprime borrower

Reference no: EM131305602

1. What do economists mean by a "bubble"? Why do many economists believe that there was a housing bubble in the United States between 2000 and 2005?

2. By the 2000s, what significant changes had taken place in the mortgage market? What is a "subprime" borrower? What is an "Alt-A" borrower?

Reference no: EM131305602

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What is a subprime borrower : By the 2000s, what significant changes had taken place in the mortgage market? What is a "subprime" borrower? What is an "Alt-A" borrower?

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