Sentences with phrase «born during the housing boom»

The concept of subprime mortgage lending was born during the housing boom that started toward the end of the 1990s.

Not exact matches

In its first salvo earlier this month, the federal mortgage task force formed by the Justice Department sued Bear Stearns & Company, currently a unit of JPMorgan Chase, accusing the company of widespread misconduct during the heady days of the housing boom in the packaging and sale of mortgage securities.
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