[PDF] Subprime Mortgage Crisis - MBA/PGDM Macro-Economics Project Report

akshay

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Hi Guys, I am sharing an MBA/PGDM project report PDF on Subprime Mortgage Crisis for the Macroeconomics subject. Below is an abstract of the Subprime Mortgage Crisis - MBA/PGDM Macro-Economics Project Report:

Abstract of Subprime Mortgage Crisis - MBA/PGDM Macro-Economics Project Report: Home ownership is one of a significant economic factor and while analyzing Macroeconomic impacts, a great deal of attention is paid to the mortgage market. Subprime lending is a segment of the mortgage market that expands the pool of credit to borrowers who, for a variety of reasons, would otherwise be denied credit.


For instance, those potential borrowers who would fail credit history requirements in the standard (prime) mortgage market have greater access to credit in the subprime market. Two of the major benefits of this type of lending, then, are the increased numbers of homeowners and the opportunity for these homeowners to create wealth. Of course, this expanded access comes with a price: At its simplest, subprime lending can be described as high cost lending.

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