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As many of you know there is lots of news out about sub prime loans and the issues they are causing for the consumer, the economy, and in the financial markets in general. While I have seen a lot of coverage of recent events with subprime I have not found through my research many good resources for leaning about how exactly this all happened. So in this three lesson series we are going to examine exactly how all this came about by looking at things from the borrowers side of the equation in this lesson, and then the lenders side of the equation in subprime explained lesson 2. Then we are going to tie everything together in the sub prime crisis explained lesson 3 by bringing our newfound understanding of both sides together to understand exactly what caused the problem, what we are experiencing now, and what we are likely to see going forward.
