How are securities connected to the last Housing Bubble (it eventually burst in 2007)?

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Delosreyesmilagros7idn Delosreyesmilagros7idn

04-12-2021
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How are securities connected to the last Housing Bubble (it eventually burst in 2007)?

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Q3wgrqbridn Q3wgrqbridn · Answer 1 · 2021-12-04T16:49:47-05:00

Q3wgrqbridn Q3wgrqbridn

04-12-2021

Basically, they are connected due to wires and stuff. Your welcome

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Asadhasmathidn Asadhasmathidn · Answer 2 · 2021-12-04T16:51:00-05:00

Asadhasmathidn Asadhasmathidn

04-12-2021

In March 2007, the United States' subprime mortgage industry collapsed due to higher-than-expected home foreclosure rates (no verifying source), with more than 25 subprime lenders declaring bankruptcy, announcing significant losses, or putting themselves up for sale.

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