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Understanding the Securitization of Subprime Mortgage Credit PDF

82 Pages·2008·0.454 MB·other
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Adam Ashcraft and Til Schuermann, “Understanding the Securitization of Subprime Mortgage Credit,” Federal Reserve Bank of New York Staff Reports, No. 318 (March 2008).

This paper presents preliminary findings and is being distributed to economists and other interested readers solely to stimulate discussion and elicit comments. 

The views expressed in the paper are those of the authors and are not necessarily reflective of views at the Federal Reserve Bank of New York or the Federal Reserve System. Any errors or omissions are the responsibility of the authors.

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