Finance:Predatory mortgage securitization
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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
- ↑ "How to Rescue Capitalism". https://www.forbes.com/2009/04/24/janet-tavakoli-chase-intelligent-investing-credit.html.
- ↑ Tavakoli, Janet M. (2009-01-06). Dear Mr. Buffett: What an Investor Learns 1,269 Miles from Wall Street. ISBN 9780470442739. https://books.google.com/books?id=zQODcD4D6RYC&q=%22predatory+securitization+%22&pg=PT103.
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