header image
« 90% fewer buyers for five-times the number of homes
There’s a new “Tricky Dick” in town… »
Did securitization work?
December 11th, 2007 Housing Market, Mortgage Blog, Mortgage News, Mortgage Products, Mortgage Rates, Secondary Mortgage Market, Uncategorized

SAN FRANCISCO (MarketWatch) — Securitization, hailed as the greatest financial innovation of the 20th century, isn’t getting such rave reviews anymore after this summer’s subprime mortgage crisis exposed some weaknesses. With global credit markets still in crisis, experts have already begun debating the benefits and the drawbacks of the process. Read more…

Write a comment