Not exact matches
The once - powerful institution — in 2007 it was the fifth largest U.S. bank, with $ 400 billion in assets — was among the earliest warning signs
of a broad economic
meltdown that would ultimately
result in the stock
market losing nearly half its value.
Today investors are asking themselves a similar question: «Is the
meltdown in the stock
market the
result of Fed tapering, or is there something else going on?»
«But immediately after the launch, Lehman Brothers collapsed (prompting a global financial
meltdown), which
resulted in that segment
of the
market shrinking dramatically.»
This
resulted in a
market meltdown that caused substantial drawdowns in value for many equity mutual funds, in a range
of forty to sixty per cent, causing many small investors to panic and suffer a permanent loss
of capital which many
of them could not afford nor replace.
With the
meltdown of the real estate
market in the US as a
result of poor lending practices, the «powers that be» in Canada, namely our Finance Minister, quickly needed to rein in the lending criteria for Canadian lenders.
Condo Loans Reacting to losses sustained during the wave
of foreclosures
resulting from the subprime mortgage
market meltdown, FHA — along with Fannie Mae and Freddie Mac (also known as government - sponsored entities, or GSEs)-- tightened lending standards for condo loans across the board.