We examine the payoff performance, up to the end of 2013, of non-agency residential mortgage-backed securities (RMBS), issued up to 2008 ... that improper ratings of RMBS were a major factor in the ...
Risky adjustable-rate mortgages and lack of oversight on mortgage securitization created a crisis of global proportions in 2007 and 2008. Mortgages sold to U.S. homeowners were responsible for a ...
Fact checked by Yarilet Perez Reviewed by Caitlin Clarke The financial crisis of 2008, often called the Great Financial ...
In “The Killing Fields of East New York,” Stacy Horn profiles one 1990s white-collar crime spree and the wreckage it left ...
Mortgage-backed securities contained ... Lehman Brothers declared bankruptcy on September 15, 2008. A global financial crisis was underway. In 2010, under the Troubled Asset Relief Program ...
Ivashina, Victoria, and David S. Scharfstein. "Bank Lending During the Financial Crisis of 2008." Journal of Financial Economics 97, no. 3 (September 2010): 319–338.
Alfaro, Laura, and Renee Kim. "U.S. Subprime Mortgage Crisis: Policy Reactions (A)." Harvard Business School Case 708-036, March 2008. (Revised July 2009.) ...
We develop a methodology to study whether and how a financial-sector crisis can spill over to the real economy, and apply it to the case of the ongoing subprime mortgage crisis. If there is a ...
That grim figure led to comparisons with the 2008 mortgage crisis. This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face ...