Business
Business, 27.09.2019 03:00, dakotaadkins20

Which of the statements about sub prime lending is false? subprime lending occurs when financial institutions issue loans to individuals who are less likely to be able to repay their loan than individuals who meet a set of standards. if a home owner is unable to afford the mortgage payments, the homeowner can always pay off the mortgage by selling the home. the risks associated with subprime lending increase as the likelihood of falling home prices increase. before the 2008 financial crisis, financial institutions increased the number of subprime loans they issued as home prices continued to rise.

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