Sentences with phrase «global subprime crisis»
The global subprime crisis had such far - reaching implications that it is impossible to spell out in a few sentences the large - scale affect it caused on the economy of the world.
http://www.syndicatemortgages.com/ Not exact matches
For example, heightened risk taking by investors and elevated leverage in large financial institutions and in shadow banking activities were among the factors that turned a downturn in the U.S. subprime mortgage market into a global financial crisis.
He shot to fame for his lucrative bet against subprime housing ahead of the global financial crisis in 2008.
Over the next century and a half the company underwent numerous changes and engaged in several alliances and partnerships While the bankruptcy of Lehman Brothers did not cause the Great Recession or even the subprime mortgage crisis, its downfall triggered a massive selloff in the global markets.
Result: In 2007, the collapse of the housing market triggered the subprime mortgage crisis and a three - year - long global recession.
Lehman Brothers was a global financial services firm whose bankruptcy in 2008 was largely caused by — and accelerated — the subprime mortgage crisis.
Of course much of the global economic crisis a decade ago was due to the American government handing out subprime mortgages to consumers who couldn't afford to pay for the homes they were living in.
It would not take a forensic accountant to trace the origins of the global financial crisis to credit default swaps that were exposed to subprime mortgages.
«No mention of the global financial crisis, no mention of Lehman Brothers and the subprime mortgages.
We all know that the subprime mortgage crisis brought down the entire edifice of the global financial structure.
A similar pace of increases between 2003 and 2006 most certainly did cool the economy, and the rise in short - term rates (and the effects of Fed policy on funding costs in global markets) may have precipitated the early days of the subprime ARM crisis, when rates were being adjusted sharply upward, causing payment shock for borrowers.
The US subprime mortgage crisis, which resulted in the global financial crisis of 2007 - 2008, was the most severe one since the Great Depression, leading to the global economic downturn affecting almost the entire world.
Bold Predictions The Bridgewater Hedge Fund gets a lot of credit for being early in predicting the subprime crisis and the global economic panic that later ensued.
Though Nitzkowski agrees the office had integration issues, he says the biggest problem was the shift in the market: Global banks started pulling out of the Japanese real estate market around the time the subprime crisis began in the United States in 2007 and the local banks started handling most Japan securitization work, pitching them mainly to domestic, rather than international, investors.
Although the crisis was triggered by the subprime mortgage crisis in the US and the resulting global credit crunch, the primary cause of the banking crisis was imprudent lending practices by Ireland's largest domestic banks.
Whereas property prices fell steeply during the subprime mortgage crisis as an impact of the global financial crisis, increasing interest rates may be a good thing as an indication of economic recovery.