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Full Description
Originally published in 2010, this book covers the development of the mortgage market, the residential housing boom and bust that led to the subprime crisis, and the effect of this crisis on financial institutions as well as the stock market panic of 2008. It details the massive government interventions that sought to prevent another Great Depression.
Contents
Part 3: The Growth of the Mortgage Market 9. Securitization 10. Prelude to a Crisis Part 4: The Subprime Crisis 11. The Crisis Begins 12. The Great Panic Begins 13. The Crisis Continues Part 5: The Crisis Abates 14. The Rise and Fall of the Subprime Crisis 15. Regulation, Reform and the Subprime Crisis.



