Texas Criminal Records : The American Housing Bubble Timeline And Causes - The USA housing bubble wasn't something that popped out of a box one dayt was building up for the better part of the decade, but it still came as a shockhe subprime mortgage crisis and the real estate market crash were quicklyly followed by a critical credit crunchith loans drying up, consumers stopped buying and the vicious cycle spiraled into the excellent Recession of 2008-09rom 2007 to 2010, tens of millions of people lost either their homes or jobs or bothhe roots of this crisis go back to 2001, to the dot com crash and 9/11his deadly combination knocked the stuffing out of the economy and the only thing people had left to maintain their lifestyles was residence equityongress deregulated the banks and the Federal Reserve kept interest rates low, thus allowing mortgage lenders to shovel money out the front door to all comershe result was that speculators started buying homes just to make a quick buckven for ordinary home owners, it was easy to take out equity loans an ... [Read More - Texas Criminal Records]
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