Autor: |
Brooks, Rick, Ford, Constance Mitchell, Hagerty, James R. |
Předmět: |
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Zdroj: |
Wall Street Journal - Eastern Edition. 10/11/2007, Vol. 250 Issue 86, pA1-A16. 2p. 1 Map. |
Abstrakt: |
The article focuses on an analysis of data from the "Wall Street Journal" which indicates that subprime loans for mortgages from 1997 to 2007 were made in nearly every corner of the U.S. The data also revealed that between 2004 and 2006, 2,500 banks, thrifts, credit unions and mortgage companies made a combined $1.5 trillion on the high interest loans, that in 2006 subprime mortgage loans made up 29% of home loans, and that the financial damage caused by the loans could last for years. |
Databáze: |
Regional Business News |
Externí odkaz: |
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