Tag Archives: subprime mortgage crisis

Could this be the slowest home sales year in nearly 15 years? Click through to learn the factors that have been keeping buyers "in a bind all year.”

Nomura, the Tokyo-based bank, is the last in a string of financial institutions to settle with the Department of Justice for fraudulent activities involving selling mortgage-backed securities leading up to the Great Recession of 2008.

A new report by the Federal Reserve Bank of Cleveland examines the myths around peer-to-peer lending, and draws a concerning link between the P2P market and the rise of subprime mortgage defaults seen pre-2007.