Factors that caused the financial crisis Analysts and theorists have debated over the different factors that caused the subprime mortgage meltdown. According to your understanding of the crisis, which of the following factors led to the financial crisis? Check all that apply. Regulations were relaxed, leading to nonqualifying mortgages getting approved for loans. Real estate appraisers and rating agencies were lax. Home buyers opted for traditional fixed-rate mortgages to avoid any payment delinquency. Mortgage brokers did not verify borrowers carefully