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Predatory mortgage securitization

From Wikipedia, the free encyclopedia

Predatory mortgage securitization (predatory securitization) is any mortgage securitization products created with lax underwriting standards and improper due diligence.[1][2]

A book titled The Crime of Our Time by author Danny Schechter delves deeply into the predatory securitization process and the financial collapse of 2007.

References

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  1. ^ "How to Rescue Capitalism". Forbes.
  2. ^ Tavakoli, Janet M. (2009-01-06). Dear Mr. Buffett: What an Investor Learns 1,269 Miles from Wall Street. ISBN 9780470442739.