what-was-a-major-consequence-of-the-widespread-issuance-of-subprime-mortgage-loa

Question

What was a major consequence of the widespread issuance of subprime mortgage loans?

Accepted Answer

Increased default rates and a subsequent financial crisis.

Answer

A decrease in housing prices, but no impact on financial institutions.

Answer

A long-term stabilization of the housing market.

Answer

An increase in government tax revenue.