Discussion Questions
What changed in the residential mortgage business that led to the failure of that market in 2007-2008 and ultimately caused a global crisis? Talk about connections and interactions in the housing market, the mortgage market, and the mortgage backed securities market. Could this happen again?
In order to get a top grade, you will describe the problem, talk about its causes and consequences, and make a thoughtful comment about whether it will or will not happen again. You can probably accomplish this in 3-4 carefully written paragraphs. You should not post your first draft. The best discussion posts are written and edited before posting.
Watch these youtube videos on the mortgage meltdown.
1. "House of Cards part 1"
2. "House of Cards part 2"
3. "The Mortgage Meltdown".
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.