United States housing bubble

in economics, situation creating an incentive to take more risk (or otherwise change one's behavior) when another party will bear the costs

thumb|upright=1.2|Libor gets its name from the City of London.

financial swap agreement in case of default

Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans, or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs). Investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing. Securities bac

financial product

non-bank financial intermediaries providiving services similar to banks outside banking

financial instruments that belong to the group of asset-backed securities and structured credit products

thumb|House in Salinas, California, under foreclosure, following the bursting of the [[2000s United States housing bubble.]]

asset-backed security secured by one or more mortgages, aggregated and packaged into a security that investors can buy

economic stimulus package passed by the US Congress in the wake of the Great Recession

sudden reduction in the general availability of loans or credit or a sudden tightening of the conditions required to obtain a loan from banks

accounting practice

unfair and deceptive loan origination

financial asset whose value has fallen significantly and for which there is no longer a functioning market

3rd episode of the 13th season of South Park

acute shortage of liquidity

economic bubble in the United States in the 2000s and 2010s

The graphic of TED spread

In finance, flipping is purchasing an asset to quickly resell (or "flip") it for profit. Within the real estate industry, the term is used by investors to describe the process of buying, rehabbing, and selling properties for profit. In 2017, 207,088 houses or condos were flipped in the US, an 11-year high. That number represents 5.9 percent of all single-family properties sold during that year.

US federal law

type of economic recession

American banker

Concept in homeowners' mortgages