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  2. 2010 United States foreclosure crisis - Wikipedia

    en.wikipedia.org/wiki/2010_United_States...

    The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, [1] [2] refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank ...

  3. Timeline of the 2000s United States housing bubble - Wikipedia

    en.wikipedia.org/wiki/Timeline_of_the_2000s...

    1997–2005: Mortgage fraud increased by 1,411 percent. [39] 2000–2003: Early 2000s recession (exact time varies by country). 2001–2005: United States housing bubble (part of the world housing bubble ). 2001: US Federal Reserve lowers Federal funds rate eleven times, from 6.5% to 1.75%.

  4. Government policies and the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_policies_and...

    e. Government policies and the subprime mortgage crisis covers the United States government policies and its impact on the subprime mortgage crisis of 2007-2009. The U.S. subprime mortgage crisis was a set of events and conditions that led to the 2007–2008 financial crisis and subsequent recession. It was characterized by a rise in subprime ...

  5. What is a foreclosure? How it works and how to avoid it - AOL

    www.aol.com/finance/foreclosure-works-avoid...

    A foreclosure occurs when a lender takes control over a property from a borrower for failing to make timely payments. A foreclosure can damage your credit score and result in loss of property. As ...

  6. Buying a home after foreclosure - AOL

    www.aol.com/finance/buying-home-foreclosure...

    Generally, though, if you want to get a second chance mortgage after foreclosure, here’s how long you’ll have to wait: Conventional loan (3–7 years) – After a foreclosure, it can take you ...

  7. Federal takeover of Fannie Mae and Freddie Mac - Wikipedia

    en.wikipedia.org/wiki/Federal_takeover_of_Fannie...

    Fannie Mae headquarters at 3900 Wisconsin Avenue, NW in Washington, D.C. In September 2008, the Federal Housing Finance Agency (FHFA) announced that it would take over the Federal National Mortgage Association ( Fannie Mae) and the Federal Home Loan Mortgage Corporation ( Freddie Mac ). Both government-sponsored enterprises, which finance home ...

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