Loans were partially responsible for the home mortgage crisis during the 2000s.

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asked Jul 20, 2017 19.8k views

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Dybzon · Answer 1 · 2017-07-25T15:06:25+0000

This is correct. Toxic loans and mortgages are at fault for the crisis during the 2000s. The banks gave mortgages and loans way higher than the assets were worth, so when people couldn't pay banks couldn't get the money back.

Loans were partially responsible for the home mortgage crisis during the 2000s.

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