Interested to Buy Any Domain ? << Click Here >> for more details...
what is sub-prime issue ???????
- 1 Answers
- 5064 Views
- State Bank Of India SBI, I also Faced
- E-Mail Answers
Answer Posted / aparna
The subprime mortgage crisis is an ongoing real estate and
financial crisis triggered by a dramatic rise in mortgage
delinquencies and foreclosures in the United States, with
major adverse consequences for banks and financial markets
around the globe. The crisis, which has its roots in the
closing years of the 20th century, became apparent in 2007
and has exposed pervasive weaknesses in financial industry
regulation and the global financial system.[1]
Approximately 80% of U.S. mortgages issued in recent years
to subprime borrowers were adjustable-rate mortgages.[2]
When U.S. house prices began to decline in 2006-07,
refinancing became more difficult and as adjustable-rate
mortgages began to reset at higher rates, mortgage
delinquencies soared. Securities backed with subprime
mortgages, widely held by financial firms, lost most of
their value. The result has been a large decline in the
capital of many banks and U.S. government sponsored
enterprises, tightening credit around the world.
| Is This Answer Correct ? | 3 Yes | 3 No |
Post New Answer View All Answers
Has any body selected for the post "Industrial development officer" for Corporation bank?? Have got any joining information from bank side??
What are the procedures & documents to keep/follow in INDIA to transfer medicine from central stores to other pharmacies in side the organisation.
is BSC Academy in himayathnagar is good for banking coaching???
i have apply for RBI grade B officer exam.i am confused about the exam preparation.please guide me about any book for preparation.my email id nikhilbnkr@gmail.com
If sc category marks in ibps po 130 then what is chance to bank joining for final selection?
Is there any transfers allowed for Postal Assistants;to his native(Home)town ?
how a postal assistance grade increases and up to how much salary he can get at maximum
sir,did u send me a SEBI syllabus and previous year question paper for information systems-technical stream..... my mail id is santhi281@rediffmail.com... pls do the needful......
anyone given last year typing test of doitc rajasthan, plz share complete information regarding this,whether the word will be highlighted during typing,
Hi Raghavan here i wrote bank of baroda exam and got call letter for interview on 16/01/10. Hw many rounds will be conducted any experienced person can guide me since i am in MMG/S II . mail me on tks_ajay@yahoo.co.in
I want all the relevant information regarding RBI junior engineer job ...ITS salary , exposure , promotion , increment and chances to go onsight . And please tell me how it is better than other govenmnt jobs ..
Hi, I'm selected interview for system administrator post in canara bank. If anybody having attend this interview, please send the interview questions to my email id personal_mk@yahoo.co.in. my interview date 3rd November at bangalore.
BSNL TTA QUESTION&ANSWAR?
what is sec 94B
When the sorting assistant training begins?
