• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

A guide to the subprime-mortgage crisis

Not open for further replies.

Pamela Crowley (Florida)

Thread Starter
Elite Member
Jan 13, 2002
Professional Status
Retired Appraiser

A guide to the subprime-mortgage crisis
By understanding how problem began, prospective borrowers might avoid foreclosures

The subprime-mortgage crisis is roiling the financial markets. It is fitting to trace the development of this crisis.
Subprime-mortgage lending became possible with the passage of the Depository Institutions Deregulation and Monetary Control Act of 1980. This act eliminated interest rate ceilings and enabled lenders to charge high rates and fees to borrowers. The Alternative Mortgage Transaction Parity Act of 1982 also permitted the use of variable interest rates and balloon payments.

Together with the Tax Reform Act of l986, which eliminated interest deductions on consumer loans but retained interest deductions on home mortgages, they led to the development of a subprime market.
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks