Examlex
When making a routine request, the body of your message should ________.
Mortgage Default Rates
The percentage of borrowers failing to make their mortgage payments on time, leading to default.
2008 Recession
A significant decline in economic activity spread across the economy, lasting more than a few months, which was prominently initiated in 2008 due to the collapse of the housing market and financial sector.
Economic Downturn
A period of declining economic performance across an economy, characterized by reduced GDP, employment, and spending.
Adjustable Rate Mortgages
Home loans with interest rates that can change over time, often linked to a specific index or benchmark.
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