Archive for the ‘What went wrong with the Mortgage Market?’ Category

Scene 3: What went wrong with the Mortgage Market
August 18, 2009

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In Act 1 Scene 3 Part 1, I go into detail about how our mortgage market kind of got a little screwed up.    I offer an overview of the different types of mortgages and what factors enhanced risk in the mortgage market.

In Act 1 Scene 3 Part 2, I give insight how we developed some rather complicated mortgage products and how that played a role in contributing to the crisis. 

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