The Subprime Mortgage Crisis and the Decline of Detroit
Learn about the 2007-2008 subprime mortgage crisis in Detroit, its causes, effects, and comparisons to other economic downturns.
Learn about the 2007-2008 subprime mortgage crisis in Detroit, its causes, effects, and comparisons to other economic downturns.
The transformation of mortgage lending from personal relationships to securitized markets had significant consequences for borrowers and lenders.