Subprime outcomes: turmoil in the mortgage market

Ann Eggleston and Christopher Foote

Annual Report, 2007, 6-15

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.

Keywords: Subprime; mortgage (search for similar items in EconPapers)
Date: 2007
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