Subprime Mortgage Lending as it Relates to the 2007-2009 Financial Crisis

Authors

Josiah Bardy, Liberty UniversityFollow

Abstract

The 2007-2009 financial crisis was the worst recession in recent economic history. The financial crisis has been the subject of much academic scrutiny, and many authors have arrived at different conclusions concerning the cause of the crisis and the effects. One of the most interesting real estate investments occurred during the crisis: certain investors and organizations predicted the bursting of the housing bubble and shorted real-estate backed securities, yielding huge profit. This paper will explore the financial crisis as well as the concurrent short selling to gain better understanding of financial markets, economic bubbles and recessions, and real-estate backed securities.

Recommended Citations

MLA:

Bardy, Josiah "Subprime Mortgage Lending as it Relates to the 2007-2009 Financial Crisis," The Kabod 3. 3 (2017) Article 4.
Liberty University Digital Commons. Web. [xx Month xxxx].

APA:

Bardy, Josiah (2017) "Subprime Mortgage Lending as it Relates to the 2007-2009 Financial Crisis" The Kabod 3( 3 (2017)), Article 4. Retrieved from https://digitalcommons.liberty.edu/kabod/vol3/iss3/4

Turabian:

Bardy, Josiah "Subprime Mortgage Lending as it Relates to the 2007-2009 Financial Crisis" The Kabod 3 , no. 3 2017 (2017) Accessed [Month x, xxxx]. Liberty University Digital Commons.