Subprime Mortgage Crisis of 2007-2008

Academic Explanatory, Economic History, Explanatory Article, United States History, US-Contemporary United States (1968-present) April 8, 2018 March 26, 2019

The Subprime Mortgage Crisis of 2007-2008

by Iris Henderson

The most serious recession the United States has faced since the Great Depression of the 1930’s occurred after the financial crisis of 2007-2008. While…