The US Mortgage Crisis at the beginning of this millennium

Business & Finance, Finance & Investing, Finance
Cover of the book The US Mortgage Crisis at the beginning of this millennium by Judith Zylla-Woellner, GRIN Verlag
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Judith Zylla-Woellner ISBN: 9783656353430
Publisher: GRIN Verlag Publication: January 16, 2013
Imprint: GRIN Verlag Language: English
Author: Judith Zylla-Woellner
ISBN: 9783656353430
Publisher: GRIN Verlag
Publication: January 16, 2013
Imprint: GRIN Verlag
Language: English

Seminar paper from the year 2012 in the subject Business economics - Investment and Finance, grade: 2,5, Berlin School of Economics and Law (IMB), course: MBA Seminar, language: English, abstract: The United States mortgage crisis was one of the primary indicators of the financial crisis at the beginning of this millennium, characterized by an increase in subprime mortgage account receivables and foreclosures, and follow-on by a decline of securities. Due to this crisis many investment banks went bankrupt for instance Lehmann Brothers. The proportion of lower-quality subprime mortgages originated rose from the originally 8% to approximately 20% from 2004-2006, with much higher ratios in some parts of the United States. These subprime mortgages were well-liked in the United States and were one of the only options for many immigrants to own their dream house in the United States. A high percentage of the mortgages, over 90% in 2006, were adjustable-rate mortgages. This was part of a broader trend of lowered lending standards and higher-risk mortgage products.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Seminar paper from the year 2012 in the subject Business economics - Investment and Finance, grade: 2,5, Berlin School of Economics and Law (IMB), course: MBA Seminar, language: English, abstract: The United States mortgage crisis was one of the primary indicators of the financial crisis at the beginning of this millennium, characterized by an increase in subprime mortgage account receivables and foreclosures, and follow-on by a decline of securities. Due to this crisis many investment banks went bankrupt for instance Lehmann Brothers. The proportion of lower-quality subprime mortgages originated rose from the originally 8% to approximately 20% from 2004-2006, with much higher ratios in some parts of the United States. These subprime mortgages were well-liked in the United States and were one of the only options for many immigrants to own their dream house in the United States. A high percentage of the mortgages, over 90% in 2006, were adjustable-rate mortgages. This was part of a broader trend of lowered lending standards and higher-risk mortgage products.

More books from GRIN Verlag

Cover of the book Rezeption oder Ablehnung? Die philosophisch-militärische Theorie Carl von Clausewitz im Verlaufe des 19. Jahrhunderts unter besonderer Betrachtung der Personen Jomini und Moltke by Judith Zylla-Woellner
Cover of the book Reliquienkult Karls IV. am Beispiel Karlstein by Judith Zylla-Woellner
Cover of the book Gewaltdarstellungen in den Medien by Judith Zylla-Woellner
Cover of the book Diagnose Aphasie. Welche Rolle spielen Selbsthilfegruppen bei Sprachverlust? by Judith Zylla-Woellner
Cover of the book Grundkonzeption für die Implementierung einer Grenzplankostenrechnung im Mittelstand by Judith Zylla-Woellner
Cover of the book Vergleichende Werbung. Der Gesetzesverlauf zur vergleichenden Werbung by Judith Zylla-Woellner
Cover of the book Wareneingangskontrolle (Unterweisung Bürokaufmann / -kauffrau) by Judith Zylla-Woellner
Cover of the book Offenbarungskonstitution by Judith Zylla-Woellner
Cover of the book Motion Capture im semi-professionellen Umfeld by Judith Zylla-Woellner
Cover of the book Definition, Geschichte und Kriterien des Toleranzbegriffs by Judith Zylla-Woellner
Cover of the book Organisationssoziologie und Organisationspsychologie by Judith Zylla-Woellner
Cover of the book Bildungs- und Kompetenzstandards in der Berufsausbildung II by Judith Zylla-Woellner
Cover of the book Synergetik in der Psychologie und Psychotherapie by Judith Zylla-Woellner
Cover of the book Die ökonomischen und touristischen Effekte von Musikfestivals by Judith Zylla-Woellner
Cover of the book Sprache als Mittel der Satire in George Orwells '1984' und Vladimir Vojnovichs 'Moskva 2042' by Judith Zylla-Woellner
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy