Ashcraft, Securitization of Subprime Mortgage Credit Study Notes contains 20 pages covering the following learning objectives:
Explain the subprime mortgage credit securitization process in the United States.
Identify and describe key frictions in subprime mortgage securitization, and assess the relative contribution of each factor to the subprime mortgage problems.
Compare predatory lending and borrowing.
After reviewing the notes you will be able to apply what you learned with practice questions.
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