The once-arcane world of US subprime mortgages has become notorious.
Late payments and defaults by overstretched home owners have rippled across global financial markets.
By Saskia Scholtes
Published: July 7 2007 03:00 | Last updated: July 7 2007 03:00
The once-arcane world of US subprime mortgages has become notorious.
Late payments and defaults by overstretched home owners have rippled across global financial markets.