Foote, Christopher L.; Eggleston, Ann - In: Annual Report (2007), pp. 6-15
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...