Abstract:
This research paper talks of the mortgage crisis and its effects on the global markets. It
throws light on the reasons triggering this issue. The roots of this crisis are found to be
the lack of transparency, bad regulation, quest of making more and more profit etc. The
distressing effects on the economy were then considered where every household and
firm was the ultimate sufferer. Various solutions were also put forward to tackle the
situation and to avoid it in future.
