asked 19.8k views
0 votes
Loans were partially responsible for the home mortgage crisis during the 2000s.

asked
User Silver
by
7.8k points

2 Answers

5 votes

Answer:

subprime

Step-by-step explanation:

on odyssey the answer is subprime

answered
User Meson
by
9.0k points
3 votes
This is correct. Toxic loans and mortgages are at fault for the crisis during the 2000s. The banks gave mortgages and loans way higher than the assets were worth, so when people couldn't pay banks couldn't get the money back.
answered
User Dybzon
by
8.0k points
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