Question.2721 - What lessons can be learned from the subprime mortgage meltdown? Could a similar crisis occur (perhaps in the student loan market) in the future? Were the big banks the only ones responsible? Do you think the fines levied by the government were too much or too little?
Answer Below:
What xxxxxxx can xx learned xxxx the xxxxxxxx mortgage xxxxxxxx Subprime xxxxxxxxx are xxxxxxxxxx significantly xxxxxxx than xxxxxxx Hull x A xxxxx increase xxxxx attention xx purchasers xxxxxxx to xxxx higher xxxxxx Homeowners xxxx drawn xx by xxxxxxxxx low xxxx rates xxxx created xxx appearance xx affordability xxxxx is xxx millions xx Americans xxxxx bankruptcy xxxxxxx they xxxxxx houses xxxx could xxx afford xxxxxxx thing xx may xxxx away xxxx the xxxxxxxx mortgage xx that xxxx can xx detrimental xxxxxxxxxxx who xxxxx not xxxxxxx for xxxxx were xxxxxxx loans xxxx unaffordable xxxxxxxxxxxx Banks xxx lenders xxxxx profit xxxx the xxxxx in xxxx applications xx decreasing xxxxxx based xx a xxxxxxx creditworthiness xxxxxxxxx various xxxxxxxxxx such xx giving xxxxxxxx loans xxxx higher xxxxxxxx rates xxxxx a xxxxxxx crisis xxxxx perhaps xx the xxxxxxx loan xxxxxx in xxx future x doubt xx will xxxxxx again xxx you xxxxx know xxxxxx are xxxx solid xxx Bankers xxxx hold xxxx capital xxxxx means xxxx must xx less xxxxxxxx and xxxx a xxxx substantial xxxxxxxxx base xxx student xxxx issue xxx be xxxxx than xxxxxxx anticipated xxxxx home xxxxxxx debt xx the xxxxxx most xxxxxxx form xx household xxxx Private xxxxx often xxxx students xx consolidate xxxxx loans xxxxxxxxxxxx them xxxx the xxxxxxxxxx to x private xxxx In xxxxxxxx banks xxxxx provide xxxxxx interest xxxxx with xxxxxxx penalties xxx overdue xxxxxxxx and xxxx convoluted xxxxxxx schedules xxxx will xxxx the xxxxxxx credit xxxxxx Were xxx big xxxxx the xxxx ones xxxxxxxxxxx The xxxxxxxx lenders xxxx most xx the xxxxx for xxxxxxx these xxxxxx The xxxx extent xx the xxxxxxxx breakdown xxxxxxx to xxxx to xxxxx in xxxx the xx Department xx Justice xxx began xxxxxxxx lawsuits xxxxxxx the xxxxxxx banks xxxx of xxx settlements xxxxxxxx detailed xxxxxxxxxx of xxxx describing xxx the xxxxxxx banks' xxxxxxx and xxxxxxxxxxxxxx practices xxx broken xxxx Adelson x Hedge xxxxx banks xxx insurance xxxxx triggered xxx subprime xxxxxxxx crisis xxxxxxx were xxxxxxxxxx responsible xxx lending xxxxx to xxxxx with xxx credit xxx a xxxx chance xx default xxxx although xxxx homeowners xxxx prudent xxxxxx played x hazardous xxxx by xxxxxxxxxx properties xxxx couldn't xxxxxx with xxxxx introductory xxxxx and xxxxxx down xxxxxxx Adjustable xxxxxxxx interest xxxxx skyrocketed xxxx the xxx hiked xxx federal xxxxx rate xx a xxxxxx housing xxxxxx fell xxx borrowers xxxxxxxxx Do xxx think xxx fines xxxxxx by xxx government xxxx too xxxx or xxx little xxx government's xxxxx were xxxxxxxxxx The xxxxxxxxxx supplied xxx required xxxxxxxxxx and xxxx were xxxx able xx utilize xxx monies xx pay xxxx debt xxxxxx the xxxxx community xxx construct xxxx stables xxx bans xxx sanctions xxxx imposed xx draw xxx attention xx the xxxxxxx sector xx the xxxx that xx needed xx be xxxxxxx internally xxxxxxxxx Adelson x The xxxxxxxx Meltdown xxx the xxxxxxx of xxxxxxxx Protection xxxxxxx of xxxxxxxxxx Finance x https xxx org xxx Links xx an xxxxxxxx site xxxxxxx E x Ehrhardt x C xxxxxxxxx management xxxxxx and xxxxxxxx th xx South-Western xxxxxxx PublishingHull x C xxx credit xxxxxx of xxxx went xxxxx Why xxxx lessons xxx be xxxxxxx The xxxxxxx of xxxxxx Risk x https xxxxxx lib xxx edu xxxxx url xxxxx www xxxxxxxx com xxxxxxxxxxxxxxxxxx credit-crunch- xxxxxxxxxxxxxxxxxxxxxxxxxxxx docview xxxMore Articles From Management
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