Sub-Crime Crisis Why Subprime Mortgage? Subprime mortgages are often associated with borrowers who have a tainted or limited credit history. This is because a subprime mortgage can offer the consumer a way to buy a home while they repair or build their credit history. As subprime mortgages carry substantially higher interest rates than normal mortgages.
Global Money Market and Abcp Catalog 1.Introduction………………………………………………………………………………………….…..3 2. What is money market? ……………………………………………………………………………….4 3. Commercial paper and ABCP……………………………….………………………………..………5 3.1Introduction of commercial paper……………………………………………………………….5 3.2 The risks of commercial paper………………………………………………….…………………6 3.3 Introduction of ABCP……………………………………………….…………………………………..7 4. The risks of ABCP……………………………………………………………………………..………….9 4.1 Problems associated with ABCP………………………………………………….………………….9 4.2 ABCP and the Financial Crisis………………………………………….……………………………10 4.3 ABCP and Lehman Brother………………………………………….………………………………13 5.Conclusion………………………………………….……………………………………………………..15 Reference………………………………………….……………………………………………………………16.
