You Searched For "subprime mortgage crisis" and got 20 results
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3 mins read
Rising interest rates are pushing up the cost of owning a home. See how average mortgage repayments are increasing in every US state.
This interactive map shows by how much the average cost of owning a home has increased since Januar…
Ryan Hogg
2 mins read
Americans aren't likely to lose their homes if the real estate bubble bursts, 2 economists say
"If buyers can't afford to pay their mortgages, they can sell their homes, pay off their mortgages …
Alcynna Lloyd
1 min read
John Burbank's Passport Capital, which famously shorted the subprime mortgage crisis, is rapidly shrinking
"For the second quarter, the Fund had net outflows of $480 million. Firm-wide, net outflows (not in…
Rachael Levy
2 mins read
Citi just drew an 'eerily reminiscent' parallel between student loans and the subprime mortgage crisis
During the mortgage crisis, home loans were bundled together in a process called securitization and…
Abby Jackson
2 mins read
Silicon Valley Bank is the biggest US bank collapse since Washington Mutual during the 2008 financial crisis
What happened to SVB bank? Regulators shut down Silicon Valley Bank on Friday. It had more than $20…
Sindhu Sundar
2 mins read
Homebuyers desperate to get a mortgage are lining up for the same risky bet that helped cause the 2008 housing crash
The number of borrowers with risky credit scores getting adjustable rate mortgages is rising — it's…
Alcynna Lloyd
3 mins read
Credit Suisse's $3.2 billion cut-price sale signals an ongoing crisis that could expose unicorn fintechs
If Credit Suisse went for a song, how much are all the unicorn neobanks really worth?
Hasan Chowdhury
2 mins read
Former Goldman Sachs CEO Lloyd Blankfein says the latest crisis not like 2008 as the banking system is in much better shape
Blankfein says the last financial crisis involved the world's biggest banks, whereas SVB's fall imp…
Morgan Chittum
4 mins read
I'm a millennial who bought a Brooklyn apartment this year, and I was only able to because of the pandemic
The pandemic crushed the real estate market, forced banks to offer historically low mortgage intere…
Ben Gilbert
2 mins read
The economy is headed into a 'Bermuda Triangle' of risk that will bring on a crisis to rival 2008, 'Dr. Doom' economist Nouriel Roubini says
The economy is headed into a danger zone as it faces three major stressors, economist Nouriel Roubi…
Jennifer Sor
2 mins read
"Dr. Doom" economist Nouriel Roubini says stocks could plunge another 50% as the US heads towards a severe financial crisis
"There is no real riddle to solve," the economist who predicted the 2008 crisis said. "Things will …
Jennifer Sor
2 mins read
Russia is so cut off from the international financial system that the Kremlin thinks Western sanctions have 'insured' the country against the banking crisis
International financial firms have left or are planning their exits from Russia. Some Russian banks…
Huileng Tan
2 mins read
Former Fed chair Ben Bernanke isn't worried about a housing crash
Housing bubble fears might be overblown as Bernanke points out that homebuyers are getting "much hi…
Jason Lalljee,Alcynna Lloyd
3 mins read
Treasury Secretary Janet Yellen said the SVB collapse is 'very different' from the 2008 crisis and that the financial system is 'significantly stronger than it was 15 years ago'
The ghost of 2008's past has been haunting the SVB collapse, but Janet Yellen says it's not the sam…
Juliana Kaplan,Ayelet Sheffey
1 min read
A billionaire investor who predicted the '08 crisis and the post-COVID inflation spike sees 'significant' recession risk and a prolonged period of low asset returns
The US economy is in an "extraordinarily dangerous and confusing" time, which will result in "a len…
Morgan Chittum
4 mins read
The newest Nobel-winning economist lays out 2 reasons the US is 'really exposed' to a financial crisis
Americans might be too comfortable with debt due to low interest rates, Nobel-winning economist Dou…
Ben Winck
4 mins read
Crypto's Lehman moment: Here's how Sam Bankman-Fried's FTX compares to the biggest collapse of the Global Financial Crisis
"The crypto ecosystem has been made fragile by leverage and interconnectedness, just as the traditi…
Phil Rosen
2 mins read
'Big Short' investor Michael Burry returns to Twitter with a nod to the 1970s, as the world battles with inflation and an energy crunch
Burry took to Twitter after months in a likely reference to the 1970s, a period dubbed as a time of…
Shalini Nagarajan
1 min read
The world could face the worst financial crisis since World War II as hyperinflation looms, hedge fund says
In a letter to investors, Elliott Management cited central bank policies as causing more harm than …
Brian Evans
2 mins read
The rise of crypto on Wall Street could end up triggering another financial crisis, global watchdog warns
If financial institutions become more involved in crypto markets, it could affect their balance she…