Explore the world of subprime lending, its high-risk nature, and its pivotal role in the 2007-08 financial crisis. Learn risks and insights into its effects.
Explore what a subprime mortgage is, how it differs from prime mortgages, and its role in the 2008 financial crisis. Get insights into the risks and factors influencing these high-interest loans.
Explore the concept of 125% loans, their usage, associated risks, and impact on both the borrower and lender. Discover the dynamics of over-mortgage loans and their historical context.