Politicians in Washington have very short memories, so they repeat the same mistakes over and over. It was only 17 years ago that the "subprime" mortgage crisis torpedoed the economy and sent the ...

Key Takeaways Approximately 10% of borrowers in September took out an adjustable-rate mortgage to purchase a home.Adjustable-rate mortgages contributed significantly to the 2008 housing crisis, as ...

Former Republican New York City Mayor and current Democratic presidential candidate Mike Bloomberg is under fire for comments he made in 2008 blaming the mortgage crisis on the end of the ...

Typical mortgage payment has increased by 82% over this period, while median household incomes have grown by only 26%.

Discover the key causes of the 2008 financial crisis, including leverage, risk, and valuation, and learn how such upheavals impact the global economy.

Schiff has been prescient in the past, but his observations are shocking not because they are new but because they highlight a persistent and continuing danger to the American economy. Economist and ...