Amvik eBook Solutions

Provides an overview of the subprime mortgage securitization process and the seven key informational frictions that arise. Discusses the ways that market partic

Presents the ideas & opinions of many subprime mortgage market participants observers on subprime borrowers, their default experience, & subprime lenders' under

Banks are usually better informed on the loans they originate than other financial intermediaries. As a result, securitized loans might be of lower credit quali

Studies credit ratings on subprime and Alt-A mortgage-backed-securities (MBS) deals issued between 2001 and 2007, the period leading up to the subprime crisis.

The #1 New York Times bestseller: "It is the work of our greatest financial journalist, at the top of his game. And it's essential reading."—Graydon Carter, V