This article presents an interview with Ron Terwilliger, chairman and CEO of Trammel Crow Residential, about the subprime mortgage crisis. He explained that the crisis has impacted the multifamily housing market
The financial collapse of 2007 to 2009 is commonly referred to as the subprime mortgage crisis because this lending practice is considered the main trigger of the collapse. The Federal Reserve definessubprime mortgagesas “loans made to borrowers who are perceived to have high credit risk, often b...
“Thedarkestsideofthesubprimemortgagecrisis: ‘Predatoryhomemortgagelending.” MatthewMiller,ManagingDirector,LehmanBrothers “Howthesubprimemortgagecrisisshookthestabilityof financialmarketsandinstitutions.” AQ&Asessionwillfollowtheroundtablediscussion. ABOUTTHEPANELISTS ...
The subprime mortgage crisis was triggered by risky lending practices. When interest rates froze and the housing bubble began to collapse, borrowers couldn't afford their payments. As massive foreclosures ensued, the fallout spread to the global financial system. ...
The Subprime Mortgage Crisis: Irrational Exuberance or Rational Error? Nikola Kojucharov, Clyde F. Martin, Robert F. Martin, Lili Xu July 2008 Abstract We present a model of the subprime market in which credit quality and loan per-
subprime mortgage crisisvector autoregressionThis study examines how the US subprime mortgage crisis affects the behaviour of the Korean stock and futures market and how the futures traders react to the shocks related to the crisis. Analysing a unique and high-quality daily data set on the ABX ...
英语翻译 The subprime mortgage crisis is a current economic problem characterized by contracted liquidity in the global credit markets and banking system.An undervaluation of real risk in the subprime market ultimately resulted in cascades and ripple effects affecting the world economy generally. The cr...
interest rate pass-throughlending ratemonetary policyThis study investigates the nature of the Mexican interest rate pass-through during the post-U.S. subprime mortgage crisis. The empirical results reveal a very high short-run and an almost complete long-run interest rate pass-through. The bounds...
Subprime Mortgage CrisisThe current financial crisis has revived the debate surrounding fair value accounting especially in the case of illiquid markets and for assets that lack marketability. Many analysts argue that it was issuance of FASB 157 (ASC 820) and the use of fair value accounting that...
KM Bianco, The Subprime Lending Crisis : Causes and Effects of the Mortgage Meltdown (CCH, Wolters Kluwer Law & Business, Chicago 2008).Bianco, K. M. (2008). The Subprime Lending Crisis : Causes and Effects of the Mortgage Meltdown....