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Answer for the clue "Like mortgages that contributed to the 2007 recession ", 8 letters:
subprime

Alternative clues for the word subprime

Word definitions for subprime in dictionaries

Douglas Harper's Etymology Dictionary Word definitions in Douglas Harper's Etymology Dictionary
also sub-prime , of loans, etc., by 1978, in frequent use from 1996, from sub- + prime (adj.).

Wiktionary Word definitions in Wiktionary
a. 1 Less than prime; inferior. 2 (context US banking English) ''(now worldwide)'' Designating a loan (typically at a greater than usual rate of interest) offered to a borrower who is not qualified for other loans (for example, because of a poor credit ...

Usage examples of subprime.

John Subprime turned his attention to the sheep, and when he did so, John slipped around the bales and behind the corn picker.

John Subprime leaned against the sheep pen, one arm raised, the other.

John turned to see John Subprime running after him, just one arm, the right, pumping.

The better the orkstman, the less subprime meat and pelt he put out, too much subprime stuff and he fed the eagles.

If you can figure out a way to check the subprime at the gamma level, then it could be an efficient program.