Report
Subprime outcomes: turmoil in the mortgage market
Abstract: Until 2007, few Americans had probably heard the word ?subprime? - including many homeowners who would come to learn that their own mortgage was a subprime mortgage. Today, subprime mortgages are much discussed because they lie at the center of the turmoil that roiled credit markets in 2007 and 2008.
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File(s): File format is application/pdf https://www.bostonfed.org/-/media/Documents/ar/PDF/2007essay.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Boston
Part of Series: Annual Report
Publication Date: 2007
Pages: 6-15