Talk:Subprime mortgage crisis: Difference between revisions

From Citizendium
Jump to navigation Jump to search
imported>J. Noel Chiappa
(Text clarification?)
imported>J. Noel Chiappa
(Article title?)
Line 5: Line 5:


: I also found [http://www.sifma.org/services/publications/pdf/an_investors_guide_to_mortgage_securities.pdf this (pdf download)] a good source too. The growth of the mortgage bond market in the 80s is described in Michael Lewis' "Liar's Poker" (Chapter 5). [[User:J. Noel Chiappa|J. Noel Chiappa]] 13:57, 25 October 2008 (UTC)
: I also found [http://www.sifma.org/services/publications/pdf/an_investors_guide_to_mortgage_securities.pdf this (pdf download)] a good source too. The growth of the mortgage bond market in the 80s is described in Michael Lewis' "Liar's Poker" (Chapter 5). [[User:J. Noel Chiappa|J. Noel Chiappa]] 13:57, 25 October 2008 (UTC)
==Article title==
Most coverage I have seen uses the term [[Subprime mortgage crisis]] - should this be there? [[User:J. Noel Chiappa|J. Noel Chiappa]] 13:59, 25 October 2008 (UTC)


==Text clarification==
==Text clarification==

Revision as of 08:59, 25 October 2008

This article is developed but not approved.
Main Article
Discussion
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
Timelines [?]
 
To learn how to update the categories for this article, see here. To update categories, edit the metadata template.
 Definition financial crisis arising from defaults on the United States mortgage markets. [d] [e]
Checklist and Archives
 Workgroup categories Economics and Politics [Categories OK]
 Talk Archive none  English language variant British English

Useful article

This press report from 1999 may be of help: http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260&sec=&spon=&pagewanted=1 Martin Baldwin-Edwards 08:52, 6 October 2008 (CDT)

I also found this (pdf download) a good source too. The growth of the mortgage bond market in the 80s is described in Michael Lewis' "Liar's Poker" (Chapter 5). J. Noel Chiappa 13:57, 25 October 2008 (UTC)

Article title

Most coverage I have seen uses the term Subprime mortgage crisis - should this be there? J. Noel Chiappa 13:59, 25 October 2008 (UTC)

Text clarification

At one the article says:

Bank mortgages came to account for a substantial proportion of a market that had previously been dominated by the government-sponsored agencies (Fannie Mae and Freddie Mac)

But I'm a little unclear on exactly what's meant here. Does it mean that banks were turning mortgages they held into securities without going through FNMA/FHLMC (either directly themselves, or by selling them to investment banks which did the repackaging), whereas prior to that most such securitization had been performed by FNMA/FHLMC? J. Noel Chiappa 13:57, 25 October 2008 (UTC)