Money for Nothing and Checks for Free : Recent Developments in U.S. Subprime Mortgage Markets /
After a number of warning signs, the U.S. "subprime mortgage crisis" became a headline issue in February 2007. Notwithstanding the bankruptcy of numerous mortgage companies, historically high delinquencies and foreclosures, and a significant tightening in subprime lending standards, the im...
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Other Authors: | |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2007.
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Series: | IMF Working Papers; Working Paper ;
No. 2007/188 |
Online Access: | Full text available on IMF |