In the 2000s these institutions significantly increase the number of subprime mortgages they offered.

In the 2000s these institutions significantly increase the number of subprime mortgages they offered.  Note: subprime mortgages are loans to people who have not-so-good credit and/or ability to make loan payments for home purchases.  After the 2008-09 recession they became much less common.
Your assignment is submit a paper, 1-2 pages, in which you argue that subprime mortgages are or are not good for the country and the individuals who take these mortgages.  Whichever position you take (for or against), please consider how more (or less) of these loans could have positive and negative effects.