The role of mortgage lenders in the 2008-2009 crisis

The role of mortgage lenders in the 2008-2009 crisis

You will have to use APA style. The paper must include list of references ( at least 2-3 sources).

You will have to explain the role mortgage lenders played in 2008-2009 great recession. No introduction needed. Straight to the point, please.

Let me know if you have any questions. The topic is Mortgage Lenders and their role (e.g. Countrywide) in 2008-2009 Great Recession in the USA

you need to choose a particular institution/factor that played a key role in the recent financial crisis. For example, you can write about the reasons for the crisis, the impact of the crisis on financial markets and institutions, the impact on the global economy, the response to the financial crisis (the bailout plan and the effect of it on financial markets), or the aftermath of the crisis.
Answer preview
After ten years since the Great Recession in the US, many institutions and factors were developed by economists as the significant causes. The mortgage lenders played a core role during the 2008-2009 financial crisis, both unknowingly and knowingly. The mortgage lenders played a role both in the country and the global financial crisis through market saturation. The leading cause of mortgage lenders that influenced the 2008 crisis is the high delinquency rate that rose from about 5-22% (Smith, 2012). It remains clear…
(900 words)
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