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How Mortgage Insurance Helped the 2008 Housing Market Crash

How Mortgage Insurance Helped the 2008 Housing Market Crash

The financial crisis of 2008 started with the bursting of the housing bubble. Sub-prime mortgages bundled into bonds put banks around the world at risk when home foreclosures started to happen like domino’s. Fortunately, the Federal Housing Administration (FHA) insures certain types of mortgages. The 2008 Housing Market Crash and How Insurance Helped provides examples of what to do in case of a future crises. Key Facts The FHA slowly lost market share as the beginning of the housing bubble…

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