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.

CLIMATE OF INDIA IS HIGHLY INFLUENCED BY

2 Answers   TNPSC Tamil Nadu Public Service Commission,

---

HI friends, im shortlisted in written exam for REPCO bank junior assistant post. on august 8th personal interview is there for me. Already interviews ve been under process. so those who ve attended personal interview in REPCO bank plz enter ur experience here for me. This is my mail ID. gowri87it@gmail.com... Ive no idea abt the interview.So kindly post ur comments as soon as possible

5 Answers   Repco Bank,

---

i did diploma in electrical from 2008.how i can get Electrical "C" License?Please tell me a procedure?

0 Answers  

---

Can the photocopies of TA bill & Attendence of a particular Govt. Servant for a particular period can be provided under RTI Act.2005.

1 Answers  

---

please tell me which coaching centre is better among these 1.Hyderabad school of banking 2.DECCAN CAREER POINT 3.RACE please let me know which is the best coaching centre for bank clerical EXAM..i m not able to decide...MY email id is ssrikanth009@gmail.com....waiting for u r answers

0 Answers  

---

---

HI All, i fot selected in UCO bank PO exam(finaly),please let me know how much time they will take for appointment.

0 Answers  

---

what cut-off marks will go of indian bank clerk and united bank clerk?If u have appeared,what percentage have u made?

19 Answers   Bank Of India, Corporation Bank, Syndicate Bank, TTH, UBI,

---

dear sir please send me eligibility criteria and question paper of drug inspector exam in gujarat.

2 Answers  

---

respected sir, i want to know the cut off of delhi police constable written exam 2009 and the final merit of selection for obc caste... plzzz tell me sir i am very thnkfull to u?????

0 Answers   Delhi Police,

---

Hi, Can anyboady please send last 3 years Q n A for Information System Officer, HPCL. my mail id: sabat.krushna29@gmail.com Thanks a lot in advance Warm Regards, Krushna

0 Answers  

---

Tha redius gauge is also know as

1 Answers   Volkswagen,

---

hi This is Aseet.Can anyone help me to know the question papers of NATIONAL INFORMATICS CENTRE?

20 Answers   NIC,

---