Paper Summary:

In this article, the writer considers the ethical question of whether sub prime mortgages are an ethical business practice. The writer discusses whether sub prime mortgages are an effective way to help consumers purchase a home or whether they are predatory lending practices that put profit above social responsibility.

From the Paper:

"The global financial crisis has many roots but one of the causes mentioned most frequently is the use of sub prime mortgages and borrowers who should not have received home loans or lines of credit. This research considers the issue of sub prime mortgages from an ethical perspective and whether sub prime mortgages are an effective way to help consumers purchase a home or whether they are predatory lending practices that put profit above social responsibility. The Case Countrywide Financial was ..."

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