Meaning of subprime loan mortgage market

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Since most economists believe that the 2006-2008 Recession was caused by the subprime loan mortgage market. Can somebody help me in deeply define the meaning of subprime loan mortgage market. Greatly appreciate it!

Reference no: EM132506370

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Meaning of subprime loan mortgage market : Can somebody help me in deeply define the meaning of subprime loan mortgage market. Greatly appreciate it!
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