2008 mortgage crisis
The 2008 mortgage crisis "is an ongoing financial crisis triggered by a dramatic rise in mortgage delinquencies and foreclosures in the United States, with major adverse consequences for banks and financial markets around the globe"[W] and was one of the major precipitating causes of the 2008 financial meltdown and subsequent economic crisis.
Conservapedia: no information as of 2009-05-24 dKosopedia: no equivalent page as of 2009-05-24 SourceWatch: no equivalent page as of 2009-05-24
- 2008-09-25 [Talk|Index] Bill Clinton on economic crisis § Former president Bill Clinton discusses the 2008 mortgage crisis and accusations that his administration planted the seeds for it.
- 2008-09-23 [Talk|Index] Blame Fannie Mae and Congress For the Credit Mess § “...the vast accumulation of toxic mortgage debt that poisoned the global financial system was driven by the aggressive buying of subprime and Alt-A mortgages, and mortgage-backed securities, by Fannie Mae and Freddie Mac.”
- 2004-02-07 [Talk|Index] Subprime loan market grows despite troubles § “Federal Reserve Governor Edward Gramlich has said subprime lenders helped push homeownership to record levels, making it possible for a growing number of minorities to buy homes. But he also raises questions about high delinquency rates.”