What Happened
Lenders

The country didn’t end up in a housing crisis without reason. The industry’s lending practices played a huge part in eroding...

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Borrowers

There’s been a lot of finger-pointing when it comes to figuring out who’s to blame for the current mortgage crisis.

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Investors

Investors in mortgage securities and the derivative instruments backed by these securities were treating these investments...

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Government

Freddie Mac and Fannie Mae, federally-backed organizations that provide mortgage funds, helped open the gates...

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