interplay of Washington, Wall Street, and corrupt mortgage lenders. In Reckless Endangerment, Gretchen Morgenson, the star … curtain on Fannie Mae, the mortgage-finance giant that grew, with the support of the Clinton administration, through the 1990s … interplay of Washington, Wall Street, and corrupt mortgage lenders. In Reckless Endangerment, Gretchen Morgenson, the star …

unique design reflecting the subprime mortgage design. Subprime securitization tranches were often sold to CDOs, which were …

mortgage market. The design of the Pooling and Service Agreement leads mortgage servicers to prefer foreclosure to modification …. Using a residential mortgage dataset, including loan-level information, we find that liquidity infusions from the Troubled …