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  2. Subprime mortgage crisis - Wikipedia

    en.wikipedia.org/wiki/Subprime_mortgage_crisis

    The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010 that contributed to the 2007–2008 global financial crisis. The crisis led to a severe economic recession, with millions losing their jobs and many businesses going bankrupt.

  3. Property Transfers: Mortgage defaults creep up nationwide in ...

    www.aol.com/property-transfers-mortgage-defaults...

    According to a newly released study by a construction trade website, the number of mortgages falling 30 to 90 days behind are starting to tick upward.

  4. Default (finance) - Wikipedia

    en.wikipedia.org/wiki/Default_(finance)

    e. In finance, default is failure to meet the legal obligations (or conditions) of a loan, [1] for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity. A national or sovereign default is the failure or refusal of a government to repay its national debt.

  5. What is a notice of default? - AOL

    www.aol.com/finance/notice-default-200058388.html

    A notice of default is a formal notice that begins the foreclosure process. A mortgage lender or servicer can file this notice when a borrower is more than 120 days behind on paying their mortgage ...

  6. 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 ...

  7. Missing mortgage payments: How many can I miss before ... - AOL

    www.aol.com/finance/missing-mortgage-payments...

    Key takeaways. If you miss one mortgage payment, lenders will often issue you a 15-day grace period to pay without incurring a penalty. If you miss four consecutive mortgage payments (or are 120 ...

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