5w's and H of the great recession and housing crisis

Who: The banks
When: The recession has been going on since 2005 and is still going on today.
Why: Banks increased the amount of what people had to pay for there mortgages and eventually the poeple couldnt pay them and got there house forclosed
Where: The crisis has been taking place all over America
What: The banks are selling shitty mortgages to new home owners.
How: Banks where selling mortgages back between each other trying to make money and eventually they realized they were selling a bunch of crap to one other. Then it started the forclosure crisis