What is the Sub Prime Mortgage crisis? »
By Jerry on Apr 3, 2008 in Sub Prime Crisis | 0 Comments
Question: What is the Sub-Prime Mortgage crisis and how does it affect us?
Answer: The sub prime Mortgage crisis comes from the result of the banks greed of makingmore money.
Banks started extending credit to people who should have not be given loans to start with.
The sub-prime loans were the loans offered to rated “C” borrowers.
In regards […]





