2008 mortgage crisis

About
The 2008 mortgage crisis "is an ongoing financial crisis triggered by a dramatic rise in mortgage delinquencies and foreclosures in the United States, with major adverse consequences for banks and financial markets around the globe" and was one of the major precipitating causes of the 2008 financial meltdown and subsequent economic crisis.

Related
Conservatives often claim that Bill Clinton helped cause the 2008 mortgage crisis, but this is at best a distortion of the available evidence.

Reference

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