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