Gerardi, Kristopher; Lehnert, Andreas; Sherland, Shane M.; … - 2009
risk of subprime mortgages originated from 1999 to 2007, and we link
these to the actual performance of the underlying …, Household
and Real Estate Finance Section, Board of Governors of the Federal Reserve System, 20th & C Streets, N.W., Washington … participants could have or should have
anticipated the large increase in foreclosures that occurred in 2007 and 2008. Most of …