Subprime Mortgage Cheat Sheet

It's a challenge trying to keep track of the events of the current subprime mortgage crisis. Compare it to an over laden cart gathering momentum on a steep and rocky slope - now it's built up so much speed, it's passing by as a blur. When looking at the causes of this crisis we're hit with catch phrases such as Banking Liquidity Crisis, Mortgage Backed Securities, Interest-only Loans, Subprime Mortgages, and as of late the dreaded Bailout.