Examlex
If the effects of two variables cannot be separated from each other, the variables are said to be confounded.
Subprime Mortgages
These are loans given to individuals with poor credit histories, which carry higher interest rates than prime loans due to increased risk.
Mortgage-Based Securities
Financial instruments that represent claims to the cash flows from pools of mortgage loans, typically on residential property.
Barack Obama
The 44th President of the United States from 2009 to 2017, and the first African American to hold the office, known for significant healthcare reform and a focus on progressive social policies.
Iraq War
Military campaign in 2003 in which the United States, unable to gain approval by the United Nations, unilaterally occupied Iraq and removed dictator Saddam Hussein from power.
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