The world's best financial minds help us understand today's financial crisis With so much information saturating the …

role of securitization in the subprime market turmoil, describing how securitization atomized the lending process and …, as well as the difficulty of crafting an adequate response to that meltdown, to the effects of securitization …. Securitization led to weakened and inconsistent underwriting standards and allowed many borrowers to obtain loans that, after a reset …

economic agents to develop safe and reliable financial practices. (See also, Working Paper No. 573.1, 'Securitization …, Deregulation, Economic Stability, and Financial Crisis, Part I: The Evolution of Securitization.') …

agents and policy makers to place too much confidence in rational behaviour and market equilibrium. The paper analyses to …

sheets to non-banks via increased securitization activity. As such, higher interest rates have the potential for unintended … sectors. In the past, this increased securitization activity was driven primarily byb private-label securitization. On the … cutting back on their securitization activity but expanding loans to the Federal Home Loan Bank system …