单词 | subprime mortgage |
释义 | subprime mortgage The vulnerability of subprime mortgage assets, taken out on overpriced properties by individuals unable to meet repayments, has been clear for a year. Times, Sunday Times And it failed to gauge how quickly the subprime mortgage crisis would affect the economy. The Sun They dismissed his warnings that the subprime mortgage disaster would trigger a financial meltdown. Times, Sunday Times In the financial crash of 2008 the bank took an 865 million bath because of its avoidable exposure to risky subprime mortgage debt. Times, Sunday Times Current market estimates say the subprime mortgage fallout could cost up to 200billion. The Sun |
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