scorecard

You Searched For "subprime mortgage crisis" and got 20 results


Sort By:


Business Insider Latest Story Image
3 mins read

The credit card crisis is worse for millennials and Gen Zers

Americans are in the midst of a credit card crisis, and nobody is being hit harder than millennials…

Cork Gaines   


Business Insider Latest Story Image
4 mins read

Americans are facing a credit card debt crisis

The US is facing a credit card debt crisis as balances and delinquencies soar.

Cork Gaines   


Business Insider Latest Story Image
2 mins read

Economist Paul Krugman says there are 'uncomfortable parallels' between the recent crypto slump and the subprime mortgage crisis

Complex financial products being peddled to investors least equipped to handle the risks is an echo…

Isabelle Lee   


Business Insider Latest Story Image
2 mins read

Housing is even more unaffordable than it was at the peak prior to the 2008 crisis, as mortgage rates touch 23-year highs

The Atlanta Fed's home affordability index dropped to 69.5 in June, even lower than its level in 20…

Jennifer Sor   


Business Insider Latest Story Image
9 mins read

What caused the Great Recession? Understanding the key factors that led to one of the worst economic downturns in US history

The Great Recession was caused by the collapse of the subprime mortgage market, which led to a cred…

Anne Field   


Business Insider Latest Story Image
6 mins read

HENRYs are turning to a little-known and risky type of mortgage as home prices soar

Interest-only mortgages offer lower monthly payments, initially. But they also carry risks.

Eliza Relman   


Business Insider Latest Story Image
2 mins read

'Big Short' investor Michael Burry shared the thinking behind his iconic bet against the housing bubble - and reflected on his GameStop wager

Burry shared an email from 2005 in which he listed multiple red flags in the US housing market, and…

Theron Mohamed   


Business Insider Latest Story Image
2 mins read

The 2008 housing bust suggests China's only halfway through its property crisis. Here's how the downturns compare.

Once a crash begins, it tends to last a long time, and Goldman Sachs forecasts China's current real…

Phil Rosen   


Business Insider Latest Story Image
2 mins read

A hedge fund manager who dominated the last financial crisis posted a 26% loss during March's violent sell-offs, new report says

Ali Lumsden posted a 73% gain betting against the mortgage market in 2007, but his securitized cred…

Ben Winck   


Business Insider Latest Story Image
2 mins read

The stock market's stellar post-crisis run can't last forever, and the AI frenzy probably won't end well, Wharton professor Jeremy Siegel says

The S&P 500 has soared since it bottomed after the 2008 crisis, but it can't keep it up forever, Je…

Jennifer Sor   


Business Insider Latest Story Image
2 mins read

Indian banks found ₹2.6 lakh crore frauds in first six months of FY20– only because RBI looked ‘closely’

The large piles of non-performing assets are not just toxic loans that turned bad – a chunk of …

Business Insider Latest Story Image
5 mins read

Meet the 'last-resort' mortgage lenders rising from the ashes of the financial crisis to help underqualified borrowers buy a home

"There are more self-employed business owners since the onset of the pandemic, and their needs are …

Alcynna Lloyd,Dan Latu   


Business Insider Latest Story Image
2 mins read

Mortgage rates are soaring, but higher credit quality means there likely won't be a default crisis like the 2008 crash, Goldman Sachs says

"Our analysis suggests that a surge in delinquency rates is unlikely over the next year," Goldman S…

Jennifer Sor   


Business Insider Latest Story Image
3 mins read

A kind of mortgage that helped cause the 2008 housing crash is surging in popularity. Here's why it's different this time.

The previous housing crash was triggered, in part, by adjustable rate mortgages. Experts say the mo…

Alcynna Lloyd   


Business Insider Latest Story Image
2 mins read

People have stopped paying their car loans, and it shows millions are struggling in this economy

While the government has frozen student-loan interest and evictions, subprime auto borrowers are in…

Ben Winck   


Business Insider Latest Story Image
3 mins read

A kind of mortgage that helped cause the housing crash is surging in popularity. Here's why it's different this time.

The 2008 housing crash was triggered, in part, by adjustable rate mortgages. Experts say the mortga…

Alcynna Lloyd   


Business Insider Latest Story Image
3 mins read

This banking crisis is different from the 2008-2009 financial crisis in 4 ways, Moody's chief economist Zandi says

The scope of the crisis, the regulatory environment, the US government's response, and the overall …

Huileng Tan   


Business Insider Latest Story Image
3 mins read

Americans are spending nearly a third of their income on mortgages — the largest share since 2007

The typical US household is spending 31% of their income on mortgage payments, according to Black K…

Ben Winck,Alcynna Lloyd,Madison Hoff   


Business Insider Latest Story Image
2 mins read

The US housing market is seeing its worst contraction since 2006 as mortgage applications crumble, says Freddie Mac economist

Higher interest rates are having a knock-on effect on American homeownership as rising mortgage rat…

Zahra Tayeb   


Business Insider Latest Story Image
3 mins read

Rising interest rates are pushing up the cost of owning a home. See how average mortgage repayments are increasing in every US state.

This interactive map shows by how much the average cost of owning a home has increased since Januar…

Ryan Hogg