What was the mortgage crisis of 2008-2009?

Ok , I don't think it is a mortgage crisis we are under , I think it is a government stupidity crisis ..Because our government has allowed the price of oil and the price of gas to go so high ..And has not done anything to drill for oil in our own country...

I am doing a reading, and it would be of great help, if you guys could provide some of these answers. cheers Discuss the similarities and differences between the contraction of the housing market during the Great Depression and the current mortgage crisis...

If churches can take in illegals why want they take in people who have lost their homes ? Where is the outrage that the mortgage crisis seeks to criminalize and dehumanize and terrorize those of our fellow human beings who only ask for a place to live...

Has anyone made that argument that I can cite in the speech I have to give about college tuition for my public speaking class? As I understand it, usually, a standard mortgage payment is always certain % of the cost of the house every month, and it takes...

In the year's leading up to the mortgage crisis, Countrywide Financial was actively marketing loans that are at the center of today's mortgage crisis. Yet, for years prior, Countrywide was, for all intents and purposes, for sale with several international...

Am I wrong about this? A coworker of mine has been walking about bragging walking away from his mortgage and short selling the property. He hasn't paid the mortgage in over 2 years but has had a tenant for almost 3 years. He stopped paying after the...

To what extent did the subprime mortgage disaster have on the global economic crisis? What signs were there to indicate an impending crisis? Who is to blame for these events? Is the United States Governments actions and strategies to improve the economy...

It is hard for banks and mortgage companies to miss out the bad lending practices. It is because of this awareness which explains their eagerness to pass on the hot potatoes by securitizing away the high-risk low-quality mortgages. How could the banks...

In 2009, my husband had to make the crushing decision to file for chapter 7 bankruptcy.  Job loss, a child with health problems and an underwater home mortgage were the contributing factors. We had 2 short sale offers on our home withdrawn because the...