what is sub-prime issue ???????
Answer / aparna
The subprime mortgage crisis is an ongoing real estate and
financial crisis triggered by a dramatic rise in mortgage
delinquencies and foreclosures in the United States, with
major adverse consequences for banks and financial markets
around the globe. The crisis, which has its roots in the
closing years of the 20th century, became apparent in 2007
and has exposed pervasive weaknesses in financial industry
regulation and the global financial system.[1]
Approximately 80% of U.S. mortgages issued in recent years
to subprime borrowers were adjustable-rate mortgages.[2]
When U.S. house prices began to decline in 2006-07,
refinancing became more difficult and as adjustable-rate
mortgages began to reset at higher rates, mortgage
delinquencies soared. Securities backed with subprime
mortgages, widely held by financial firms, lost most of
their value. The result has been a large decline in the
capital of many banks and U.S. government sponsored
enterprises, tightening credit around the world.
| Is This Answer Correct ? | 3 Yes | 3 No |
Hi,i m working as a Software Engineer in a small Software company. I have wrote Postal Assistants recruitment exam and waiting for the result. If I selected in that exam can i go to that field or stay in the software field itself?which field is better?what may be the salary for Postal Assistants? Please tell your suggestions..
Dear sir, Let me now how to calculate service tax & TDS on rent.
can any one help me about bel walkin for apprentice training. I want to attend walkin on 26 nov 2010. i dont know any process whether it will have any written/interview. what about training and after training where i would me. if any one is aware of these things please let me know
what will be the gross salary of an auditor (PB 1, GP 2800) and an UDC (PB 1, GP 2400)?
Where I get previous year question papers of Tamil Nadu Uniformed services recruitment board-Grade II Police Constables written test?
5 Answers Police Exam, Tamil Nadu Police, TNPSC Tamil Nadu Public Service Commission, Wipro,
I AM BSNL GROUP-B OFFICER.I WANT TO APPLY FOR PATTERNITY LEVE. BUT OUR ADMN SECTION REFUSING.IN THE CONDITION-MY FIRST DIVORCE WITHOUT ISSUE ON DTD LEGALLY 9-4-2009.SECOND MARRIAGE LEGALLY ON DTD 27-4-2009.MY FIRST CHILD FROM SECOND WIFE BIRTH DATE 12-8-2009 i.e. AFTER 4 MONTHS OF SECOND MARRIAGE.WHETHER I AM ELIGIBLE FOR PATTERNITY LEAVE OR NOT.PL. GIVE ME LEGAL ADVICE AT THE EARLIEST.IF POSSIBLE E-MAIL-menagotkar@yahoo.com
Can anyone provide me the model question paper set/ previous years paper set for DRUG INSPECTOR exam (MPSC- Maharashtra. Please email the same on below mentioned email ids. pharma_vaibhav@yahoo.co.in
plz suggest me any book for supreme court of India paper for the post junior court assistant??? pllllllllzz help me
why larkana development athourity does not issue service books and the outstanding salaries of its Employees? what The Ministry is doing?
Sir i fill the form of Account Assistant post in U.P. Rajya Vidyut Utpadan Nigam Limited for written exam preparation & other related if any details kindly mail. And Please send me the model papers/Questions/studry material to my mail rjaiswar@gmail.com. Thanka.
1) How many branches & ATM of SBI in INDIA now. 2) Slogan of SBI? pure banking nohing else or with u all the way,clear it.
9 Answers State Bank Of India SBI,
why you want to join crpf.