Subprime lending means making loans to people who may have difficulty maintainingthe repayment schedule.. The interest rate on a subprime loan is likely to be a lot higher than aninterest rate you would expect on a standard loan from a bank.The US subprime mortgage crisis was one of the first indicators of the late 2000’sfinancial crises characterized by a rise in subprime mortgage delinquencies and foreclosures, andthe resulting decline of securities backing said mortgages.Subprime
is the cause of USA Economy melt down. It is the very popular news amongeveryone and it is become very serious then expected. It caused more damage to all the industries.Subprime crisis caused big loss to the banks and now it is affecting the other industries likeAutoMobile companies (GM, Ford, etc.).The US sub-prime mortgage crisis has led to plunging property prices, a slowdown in theUS economy, and billions in losses by banks. It stems from a fundamental change in the waymortgages are funded.In this study we try to analyze the causes, effects, consequences, and solutions that couldend the economic crisis, also called „global credit crisis” or „subprime crisis”.
criza financiară, credite sub-prime, ipotecă, dobânzi, crizasub-prime, criza globală, boom imobiliar.
G30, G33, G34, G38.