The History of Sub-Prime and Predatory Lending
An educators edition of ‘The History of Sub-Prime and Predatory Lending’ from 1980 through 2007, this detailed analysis looks at mortgage and credit card lending
See what happened to the mortgage market in 2007, and why it happened
Syllabus covers who, what, when, and why. Written as a teaching tool for educators, complete with student questions
Clear overview and teaching objectives, but suitable for anyone studying lending. Includes live comment area and an interactive real time look at today’s complaints.
Sections include:
• Home ownership becomes a reality
• The Internet comes of age
• Some lenders were already predatory
• Late 1990’s industry changes and problems
• Understanding asset backed securities
• Lawsuits for predatory lenders
• Predatory lending in areas other than mortgages
• California sues Household International again
• Sub-prime lenders achieve notoriety as predatory lenders
• Financial Institutions turn to credit cards
• Securities and Exchange Commission looks at Household International
• The home mortgage disclosure act
• More companies under scrutiny
• Mutual fund scandal reveals irregularities
• The collapse of 2007
• A look at key players at the top
• Lender greed does what regulation cannot
Ten years of data analysis was used to look inside the biggest and most powerful companies. Former employees and analysts helped compile one of the most compelling looks at todays sub-prime, predatory, and ruthless industries.
Includes narratives of real horror stories with more in a supporting interactive online section . Learn what’s behind the tragedy and foreclosures we are seeing today.
A “must have” teaching tool for financial counselors, educators, and economists. At the same time this documentary is suitable for high school students and college students.
Approximately 30 pages.
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