Data Analysis

Description

In 2008 many American banks began to fail, the stock market plunged, and the country went into a recession, all following default by record numbers of homeowners on their mortgages. Why did these loans suddenly become so difficult to repay? In this program data analysis is used to determine what made subprime mortgages capable of wreaking havoc on the economy. Also examined: mortgage rates for two applicants who have two different credit scores, and the decline in real estate values relative to the rise in adjustable rate mortgages.

Runtime

31 min

Series

Subjects

Genre

Date of Publication

[2011], c2011

Database

Films on Demand

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