Search references for SUBPRIME CRISIS-BACKGROUND-INFORMATION. Phrases containing SUBPRIME CRISIS-BACKGROUND-INFORMATION
See searches and references containing SUBPRIME CRISIS-BACKGROUND-INFORMATION!SUBPRIME CRISIS-BACKGROUND-INFORMATION
This article provides background information regarding the subprime mortgage crisis. It discusses subprime lending, foreclosures, risk types, and mechanisms
Subprime crisis background information
Subprime_crisis_background_information
2007 mortgage crisis in the United States
American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010, contributing to the 2008 financial crisis. It led
Subprime_mortgage_crisis
interest in private credit to the conditions that preceding the subprime mortgage crisis. The following month, JPMorgan Chase chief executive Jamie Dimon
2025–2026 private credit crisis
2025–2026_private_credit_crisis
Worldwide economic crisis
sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities
2008_financial_crisis
subprime mortgage crisis covers the United States government policies and its impact on the subprime mortgage crisis of 2007–2009. The U.S. subprime mortgage
Government policies and the subprime mortgage crisis
Government_policies_and_the_subprime_mortgage_crisis
Non-banks that provide services similar to banks
Structured investment vehicle Subprime crisis background information Subprime mortgage crisis Subprime mortgage crisis solutions debate Pozsar, Zoltan;
Shadow_banking_system
US events during the subprime mortgage crisis
The subprime mortgage crisis impact timeline lists dates relevant to the creation of a United States housing bubble, the 2005 housing bubble burst and
Subprime crisis impact timeline
Subprime_crisis_impact_timeline
Home loan division of Bank of America
New York state $200,000 to cover costs of the investigation. Countrywide subprime documents show a policy of lending to families with as little as $1000
Bank_of_America_Home_Loans
role at various stages in the American subprime mortgage crisis of 2007–2008 that led to the 2008 financial crisis and the Great Recession of 2008–2009
Credit rating agencies and the subprime crisis
Credit_rating_agencies_and_the_subprime_crisis
Academic discipline concerned with the exchange of money
regulators - to model and predict these. See Subprime crisis background information § Stages of the crisis. The related problem of systemic risk, has also
Financial_economics
2015 film by Adam McKay
is extremely unstable due to subprime loans. He draws this conclusion after recognizing similarities to the 1930s crisis and calculates that the market
The_Big_Short_(film)
that started in 2008 with the US subprime mortgage crisis. The major causes of the initial subprime mortgage crisis and the following recession include
Causes_of_the_Great_Recession
OAPEC petroleum embargo
ISBN 978-0-906522-13-4. Odell, Peter R. (1974). Oil and world power : background to the oil crisis. Harmondsworth; Baltimore : Penguin. ISBN 978-0-14-021169-6.
1973_oil_crisis
Professor of law and economics at UMKC
fraud that begins at the absolute latest in 2001, and that is with their subprime and liars' loan operations." As explained in his prepared statement, his
William_K._Black
Multi-year debt crisis in multiple EU countries, 2009–2010
When the global crisis disrupted the markets and the world economy, together with the US subprime mortgage crisis and the eurozone crisis, Portugal was
Euro_area_crisis
Economic downturn in Germany
supply chain crisis 2022 Russia–EU gas dispute Economic impact of the Russian invasion of Ukraine European debt crisis Global energy crisis (2021–2023)
German economic crisis (2022–present)
German_economic_crisis_(2022–present)
Financial and economic crisis in the Roman Empire
A financial and economic crisis occurred in 33 AD in the Roman Empire, during the reign of Emperor Tiberius. After a shift in government policy and a series
Financial_crisis_of_33
Economic crisis in the Republic of Cyprus
billion) was frozen in Cypriot accounts during this crisis. The United States' subprime mortgage crisis in 2007–2008 led to a domino effect of negative consequences
2012–2013 Cypriot financial crisis
2012–2013_Cypriot_financial_crisis
Sovereign debt crisis faced by Greece (2009–2018)
Greece faced a sovereign debt crisis in the aftermath of the 2008 financial crisis. Widely known in the country as The Crisis (Greek: Η Κρίση, romanized: I
Greek_government-debt_crisis
Economic situation in Spain
financial crisis, also known as the Great Recession in Spain or the Great Spanish Depression, began in 2008 during the 2008 financial crisis. In 2012,
2008–2014 Spanish financial crisis
2008–2014_Spanish_financial_crisis
Banking crisis beginning in March 2023
The 2023 United States banking crisis was a series of bank failures and bankruptcies that took place in early 2023, with the United States federal government
2023 United States banking crisis
2023_United_States_banking_crisis
World food prices increased dramatically in 2007 and the 1st and 2nd quarter of 2008
dramatically in 2007 and the first and second quarter of 2008, creating a global crisis and causing political and economic instability and social unrest in both
2007–2008 world food price crisis
2007–2008_world_food_price_crisis
Economic bubble
In many regions, a real estate bubble was the impetus for the subprime mortgage crisis. Housing prices, which peaked in early 2006, started to decline
2000s United States housing bubble
2000s_United_States_housing_bubble
Worldwide increase in crude oil prices following the Iranian Revolution
The 1979 oil crisis, sometimes referred to as the second oil crisis (in reference to the 1973 oil crisis), refers to the drop in oil production in the
1979_oil_crisis
Turkish economic crisis (Turkish: Türkiye ekonomik krizi), also known as Great Turkish Depression, is a financial and economic crisis in Turkey. It is
Turkish economic crisis (2018–current)
Turkish_economic_crisis_(2018–current)
US act of congress to address the subprime mortgage crisis
(commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis by stabilizing the housing market and reforming predatory lending
Housing and Economic Recovery Act of 2008
Housing_and_Economic_Recovery_Act_of_2008
Economic recession in Portugal
The 2010–2014 Portuguese financial crisis was part of the wider downturn of the Portuguese economy that started in 2001 and possibly ended between 2016
2010–2014 Portuguese financial crisis
2010–2014_Portuguese_financial_crisis
President/CEO Federal Reserve Bank of Minneapolis
number of roles in the response to the 2008 financial crisis and the subprime mortgage crisis that preceded it, most notably administering the TARP.
Neel_Kashkari
2021-2024 economic crisis in Pakistan
experienced an economic crisis beginning in late 2021 during the premiership of Imran Khan in the aftermath of the COVID-19 crisis, further intensified by
Pakistani economic crisis (2021–2024)
Pakistani_economic_crisis_(2021–2024)
Action by the U.S. Treasury to lessen the subprime mortgage crisis
become illiquid as the market for those bonds collapsed in the subprime mortgage crisis. The FHFA established conservatorships in which each enterprise's
Federal takeover of Fannie Mae and Freddie Mac
Federal_takeover_of_Fannie_Mae_and_Freddie_Mac
2023, the United States hit its debt ceiling, leading to a debt-ceiling crisis, part of an ongoing political debate within Congress about federal government
2023 United States debt-ceiling crisis
2023_United_States_debt-ceiling_crisis
The Sri Lankan economic crisis was an economic crisis in Sri Lanka that began in 2019 and ended in 2024. President Ranil Wickremasinghe is credited to
Sri Lankan economic crisis (2019–2024)
Sri_Lankan_economic_crisis_(2019–2024)
Government-backed financial services company
under a wide range of economic conditions". Then in 2003–2004, the subprime mortgage crisis began. The market shifted away from regulated GSEs and radically
Fannie_Mae
1992 UK financial crisis
Black Wednesday, or the 1992 sterling crisis, was a financial crisis that occurred on 16 September 1992 when the UK Government was forced to withdraw pound
Black_Wednesday
U.S. stock market crash lasting 36 minutes in May 6, 2010
occurred in every year they examined and that, apart from the financial crisis, such problems have declined since the introduction of Reg NMS. They also
2010_flash_crash
Company that assigns credit ratings
collapse of Enron, and especially after the US subprime mortgage crisis and the 2008 financial crisis. During that debacle, 73%—over $800 billion worth—of
Credit_rating_agency
United States housing crisis
RealtyTrac. The 2010 United States foreclosure crisis was a direct outcome of the subprime mortgage crisis that began in 2007–2008. During the housing boom
2010 United States foreclosure crisis
2010_United_States_foreclosure_crisis
Investment scandal discovered in 2008
The scheme began to unravel in the fall of 2008, when the 2008 financial crisis accelerated. Madoff had previously come close to collapse in the second
Madoff_investment_scandal
American economist
economic theories were largely ignored for decades, until the subprime mortgage crisis of 2008 caused a renewed interest in them. A native of Chicago
Hyman_Minsky
situation through a short sale or deed-in-lieu of foreclosure. The subprime mortgage crisis was triggered by a large decline in home prices after the collapse
Making_Home_Affordable
Ongoing crisis in Lebanon
The Lebanese liquidity crisis is an ongoing financial crisis affecting Lebanon, that became fully apparent in August 2019, and was further exacerbated
Lebanese_liquidity_crisis
Default of three major Icelandic banks
A major financial crisis took place in Iceland between 2008 and 2010. It involved the default of all three of the country's major privately owned commercial
2008–2011 Icelandic financial crisis
2008–2011_Icelandic_financial_crisis
US federal law
crisis, concluded "the CRA was not a significant factor in subprime lending or the crisis". Ben Bernanke, then Chairman of the Federal Reserve, wrote
Community_Reinvestment_Act
Financial crisis in Finland
The Finnish Banking Crisis of 1990s was a deep systemic crisis of the entire Finnish financial sector that took place mainly in the years 1991–1993, after
1990s_Finnish_banking_crisis
Office in the U.S. Treasury Department
and economics portal 2008 financial crisis Regulatory responses to the subprime crisis Subprime mortgage crisis solutions debate Wall Street reform Title
Office_of_Financial_Research
French trader (born 1977)
unauthorized trading of this magnitude could go unnoticed. Kerviel's unassuming background and position have heightened the skepticism that he worked alone. Some
Jérôme_Kerviel
17th-century economic bubble in the Netherlands
popular reference during the dot-com bubble of 1995–2001, and the subprime mortgage crisis of 2007–2010. In 2013, Nout Wellink, former president of the De
Tulip_mania
Financial crisis in Norway
Norwegian banking crisis was the largest financial crisis that occurred in Europe since the end of World War II within Norway. The crisis emerged from a
1988–1992 Norwegian banking crisis
1988–1992_Norwegian_banking_crisis
Euro area crisis – Multi-year debt crisis in multiple EU countries, 2009–2010 Government shutdowns in the United States – Historical background and list
2013 United States federal government shutdown
2013_United_States_federal_government_shutdown
Mid-1998 economic crisis in Russia
The Russian financial crisis (also called the ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government
1998_Russian_financial_crisis
2009 feud
On-air editor Charles Gasparino was shown saying in December 2007 how AIG's subprime losses were "very manageable", which was followed with a clip showing that
Jon Stewart–Jim Cramer conflict
Jon_Stewart–Jim_Cramer_conflict
Term in politics
crise des subprimes en quatre questions simples". LE FIGARO. Sanders, A (2008). "The subprime crisis and its role in the financial crisis". Journal of
Revolving_door_(politics)
Financial crisis
The Chinese property sector crisis was a financial crisis sparked by the 2021 default of Evergrande Group. Evergrande, along with other Chinese property
Chinese property sector crisis (2020–present)
Chinese_property_sector_crisis_(2020–present)
Real estate bubble
an increase in housing prices well above the CPI. Main article: Subprime mortgage crisis In autumn 2006, there was an inflexion in the advance of mortgage
2008–2014 Spanish real estate crisis
2008–2014_Spanish_real_estate_crisis
Type of market failure
but also to subprime lending, where bad loans to poor projects were made. It should be noted, however, that the subprime mortgage crisis occurred due
Credit_rationing
President of the United States from 2001 to 2009
post–World War II recession, caused by a housing market correction, a subprime mortgage crisis, soaring oil prices, and other factors. In February 2008, 63,000
George_W._Bush
The 2008–2009 Belgian financial crisis is a major financial crisis that hit Belgium from mid-2008 onwards. Two of the country's largest banks – Fortis
2008–2009 Belgian financial crisis
2008–2009_Belgian_financial_crisis
2010 book by Raghuram Rajan
forced to default. This led to the Subprime mortgage crisis which in turn precipitated the wider 2008 financial crisis. Late-developing economies, especially
Fault Lines: How Hidden Fractures Still Threaten the World Economy
Fault_Lines:_How_Hidden_Fractures_Still_Threaten_the_World_Economy
2007 United States Supreme Court case
Kim, Wook Bai (January 1, 2009). "Challenging the Roots of the Subprime Mortgage Crisis: The OCC's Operating Subsidiaries Regulations and Watters v. Wachovia
Watters v. Wachovia Bank, N.A.
Watters_v._Wachovia_Bank,_N.A.
Period of economic instability
economic crisis was a period of economic instability that resulted from a combined inflationary-currency crisis, financial crisis, fiscal crisis, and sovereign
1998–1999 Ecuador economic crisis
1998–1999_Ecuador_economic_crisis
Post-2008 Irish economic downturn
The post-2008 Irish banking crisis occurred when a number of Irish financial institutions faced almost imminent collapse due to insolvency during the Great
Post-2008 Irish banking crisis
Post-2008_Irish_banking_crisis
Global stock market crash
crisis to selling short-term bonds to ease pressure. Traders called the spike in yields a "Liz Truss moment," referencing a 2022 UK government crisis
2025_stock_market_crash
Economic crisis in Chile
The Crisis of 1982 was a major economic crisis suffered in Chile during the military government of Chile (1973–1990). Chile's GDP fell 14.3%, and unemployment
Crisis_of_1982
US law creating the Troubled Asset Relief Program (TARP)
targeted asset-purchases. The 2008 financial crisis developed partly due to the subprime mortgage crisis, causing the failure or near-failure of major
Emergency Economic Stabilization Act of 2008
Emergency_Economic_Stabilization_Act_of_2008
that the current Russian financial crisis is "obviously more worrying" than the ongoing subprime mortgage crisis in view of the political development
Great_Recession_in_Russia
Loan secured using real estate
the National Mortgage Crisis of the 1930s, the savings and loan crisis of the 1980s and 1990s and the subprime mortgage crisis of 2007 which led to the
Mortgage
Series of fires in New York City, USA
to primarily government intervention. The subprime mortgage crisis of 2007 (which led to the housing crisis behind the 2008 recession), also hit the Bronx
1970s South Bronx building fires
1970s_South_Bronx_building_fires
British bank, 1850 to 2012
securitisation. In 2007, there was much press attention given to the growing crisis due to subprime mortgage lending, particularly in the United States. Amid the resultant
Northern_Rock
Latvian financial crisis, which stemmed from the 2008 global financial crisis, was a major economic and political crisis in Latvia. The crisis was generated
2008_Latvian_financial_crisis
reached the $16.394 trillion debt ceiling that had been enacted following a crisis in 2011. The debt ceiling had been routinely raised previously on a bipartisan
2013 United States debt-ceiling crisis
2013_United_States_debt-ceiling_crisis
government spending and its effect on the national debt and deficit reached a crisis centered on raising the debt ceiling, leading to the passage of the Budget
2011 United States debt-ceiling crisis
2011_United_States_debt-ceiling_crisis
American lawyer and politician (born 1946)
that Connecticut had joined California, Illinois and Florida in suing subprime mortgage lender Countrywide Financial (now owned by Bank of America) for
Richard_Blumenthal
Major stock market crash in the United States
market's slide. Mitchell's move brought a temporary halt to the financial crisis, and call money declined from 20 to 8 percent. However, the American economy
Wall_Street_crash_of_1929
CA Department of Consumer Affairs division
security number. Pursuant to SB 237, the licensing Unit also performs background checks on appraisal management companies in order to register them as
California Bureau of Real Estate Appraisers
California_Bureau_of_Real_Estate_Appraisers
markets rebound. By October 2008, museum directors could clearly see that the crisis would greatly affect the operation of their museums. After Lehman Brothers
Effects of the Great Recession on museums
Effects_of_the_Great_Recession_on_museums
US-based software and services company
about the company by word of mouth. In its early years its work included a subprime lender study for Center for Public Integrity and analyses of Somali piracy
Palantir
Financial crisis that began affecting Puerto Rico in 2014
The Puerto Rican government-debt crisis was a financial crisis affecting the government of Puerto Rico. The crisis began in 2014 when three major credit
Puerto Rican government-debt crisis
Puerto_Rican_government-debt_crisis
and Consumer Protection Act was created as a response to the financial crisis in 2007. Passed in 2010, the act contains a great number of provisions,
Provisions of the Dodd–Frank Wall Street Reform and Consumer Protection Act
Provisions_of_the_Dodd–Frank_Wall_Street_Reform_and_Consumer_Protection_Act
area crisis, also known as the eurozone crisis, European debt crisis, or European sovereign debt crisis, was a debt crisis and financial crisis in the
2010s_in_politics
American multinational banking and financial services corporation
branches adopted the Bank of America name on May 5, 2008. During the subprime mortgage crisis, the bank, under Ken Lewis, made two major acquisitions that would
Bank_of_America
Financial crisis in the Netherlands
The Amsterdam banking crisis of 1763 in the Netherlands followed the end of the Seven Years' War. At this time prices of grain and other commodities were
Amsterdam banking crisis of 1763
Amsterdam_banking_crisis_of_1763
British economist (1883–1946)
2008. Shiller, Robert J. (September 2008). The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do about It. Princeton University
John_Maynard_Keynes
Non-bank financial institution
concentrations in US subprime mortgages, while other SIV had no exposure to these products that are so linked to the 2008 financial crisis. After a slow start
Structured_investment_vehicle
Multinational professional services brand
Guardian. Kollewe, Julia (31 August 2016). "PwC fined £2.3m over auditing of subprime lender Cattles". The Guardian. Chenoweth, Neil (15 November 2023). "Emails
PwC
2017–2020 restructuring of Ghana's banking industry
The Ghana banking crisis was a severe banking crisis that affected Ghana between August 2017 and January 2020. The Bank of Ghana (BoG) allowed several
Ghana_banking_crisis
Regulatory act implemented by the Obama administration after the 2008 financial crisis
responses to the subprime crisis Securities Commission Securities regulation in the United States Stock exchange Subprime mortgage crisis solutions debate
Dodd–Frank_Act
Fair Credit Reporting Act 2008 financial crisis Financialization Right to explanation Subprime mortgage crisis Past Imperfect: How Credit Scores and Other
Criticism of credit scoring systems in the United States
Criticism_of_credit_scoring_systems_in_the_United_States
Series of economic events in Western Europe
Recession (2007–2009) 2008 financial crisis September 2008 October 2008 November 2008 December 2008 2009 Subprime mortgage crisis 2000s U.S. housing market correction
Price_revolution
avoid a bank crash that was threatening the region because of the subprime crisis as the liquidity in the CESEE countries depended on the Western ones
The_Vienna_Initiative
Global stock market crash
international money markets, but doubts about the viability of the accord created a crisis of confidence. The fall may have been accelerated by portfolio insurance
Black_Monday_(1987)
Financial crisis beginning after the invasion of Ukraine and subsequent sanctions
food crisis to "levels beyond anything we've seen before". A potential disruption to global wheat supplies could exacerbate the ongoing hunger crisis in
Economic consequences of the Russo-Ukrainian war (2022–present)
Economic_consequences_of_the_Russo-Ukrainian_war_(2022–present)
Situation in which a government cannot pay back its debt
financial crisis began with a crisis in the subprime mortgage market in the United States, and developed into a full-blown international banking crisis with
Debt_crisis
Three-week financial crisis in the United States
1907, also known as the 1907 Bankers' Panic or Knickerbocker Crisis, was a financial crisis that took place in the United States over a three-week period
Panic_of_1907
Global financial services group (1990–2010)
not to pass on information, and had merely mentioned that there was an (unspecified) dramatic turn in the case as background information. Tuesday December
Fortis_Group
American politician (born 1950)
of regulatory reforms that Schumer pushed in response to the subprime foreclosure crisis, he called for the creation of mortgage industry regulators to
Chuck_Schumer
1910 economic crisis in China
Shanghai Rubber Stock Market Crisis (Chinese: 橡皮股票风潮) was an economic crisis caused by the bankers and stock-holders overstimulating the rubber stocks
Shanghai rubber stock market crisis
Shanghai_rubber_stock_market_crisis
Iranian-American economist (born 1958)
Economic Advisers. He was one of the people who predicted the 2008 subprime mortgage crisis and he predicted the ensuing Great Recession, and warned that the
Nouriel_Roubini
2010s–present technological convergence era
in the 21st century. It follows the Third Industrial Revolution (the "Information Age"). The term was popularized in 2016 by Klaus Schwab, the World Economic
Fourth_Industrial_Revolution
The Venezuelan economic crisis is the deterioration that began to be noticed in the main macroeconomic indicators from the year 2012, and whose consequences
2013–present economic crisis in Venezuela
2013–present_economic_crisis_in_Venezuela
Minor British banking crisis
The Panic of 1847 was a major British commercial and banking crisis, possibly triggered by the announcement in early March 1847 of government borrowing
Panic_of_1847
SUBPRIME CRISIS-BACKGROUND-INFORMATION
SUBPRIME CRISIS-BACKGROUND-INFORMATION
SUBPRIME CRISIS-BACKGROUND-INFORMATION
SUBPRIME CRISIS-BACKGROUND-INFORMATION
SUBPRIME CRISIS-BACKGROUND-INFORMATION
SUBPRIME CRISIS-BACKGROUND-INFORMATION
SUBPRIME CRISIS-BACKGROUND-INFORMATION
SUBPRIME CRISIS-BACKGROUND-INFORMATION
SUBPRIME CRISIS-BACKGROUND-INFORMATION