What is a subprime mortgage

Reference no: EM131237084

1. What is a subprime mortgage?

2. Why do you think the increase in house prices during the 2000 to 2007 period is referred to as a bubble?

3. Why did mortgage lenders frequently not check on information provided by potential borrowers on mortgage application forms during the 2000 to 2007 period?

Reference no: EM131237084

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