Use the America’s Subprime Mortgage Crisis discussion thread to discuss the mortgage crisis that the United States is witnessing.
How did the collapse of companies like AIG, Lehman Brothers, Washington Mutual, Royal Bank of Scotland, etc. impact mortgages in and throughout the United States? As homeowner’s, how concerned were you about the safety and security of your mortgage or the mortgage of a friend or family member? Why were subprime mortgages a major contributor to the global financial crisis?