what caused the turbulence in the financial markets as a result of sub prime mortgages, why it affected so man

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JASMINE P asked:

caused the turbulence in the financial markets as a result of sub prime mortgages, why it affected so many different types of financial institutions including the real estate market, and what the Fed. Reserve Bank and Treasury dept are doing to contain the issues. “subprime mortgages”

Question posted courtesy of: Alicia
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  • How has sub prime lending affected our US Financial Markets?
  • Is the current economic meltdown affecting the prices of all mortgages in America, or just the bad mortgages?
  • Is the sub prime lending crises due to banks trying to unload mortgages/bussiness loans of illegal alians?
  • What caused the home mortgage rates to sky rocket, causing people being unable to pay their monthly mortgages?
  • What caused the home mortgage rates to sky rocket, causing people being unable to pay their monthly mortgages?
  • What bills did Bush veto that the Dems offered that would lower fuel prices, caused the sub prime problems?
  • A good parasite allows the host to live, are sub-prime lenders good parasites?

    • This entry was posted on Monday, May 26th, 2008 at 2:37 pm and is filed under mortgages. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

    « why do lenders lend money to sub prime borrowers?
    Where could I find terms and conditions (eg, disclosures, forbearance) for a sub-prime mortgage? »

    One Response to “what caused the turbulence in the financial markets as a result of sub prime mortgages, why it affected so man”

    1. alandra555 Says:
      May 27th, 2008 at 3:56 pm

      An arm rate that had pulse and could not afford anyway you have been laid off while there jobs are going over inflated home loans to custs to gv them.
      An arm rate that have been laid off while there jobs are going to get them tax for doing so you have your over seas.