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This program explains how the U.S. subprime market grew from the post-9/11 rise of easy credit, which was then exploited by predatory lenders; subsequent widespread defaults and foreclosures; the attendant market correction; and the resulting thre...
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Contents
Home Foreclosures (3:52) -- Rising Home Prices: Based on Delusion (2:57) -- The Role of 9/11 in Housing Boom and Bust (4:40) -- ARM Loan: Ticking Time Bomb (2:56) -- Foreclosures and Auctions (2:50) -- Global Investors in American Markets (3:09) -...
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