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n7http://commons.wikimedia.org/wiki/Special:FilePath/Subprime_mortgage_originations,_1996-2008.
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dbpedia:Subprime_mortgage_crisis
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The U.S. subprime mortgage crisis was a nationwide banking emergency that coincided with the U.S. recession of December 2007 – June 2009. It was triggered by a large decline in home prices, leading to mortgage delinquencies and foreclosures and the devaluation of housing-related securities. Declines in residential investment preceded the recession and were followed by reductions in household spending and then business investment.
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