Nadauld, Taylor D.; Sherlund, Shane M. - 2009 - This draft: April 2009
The Role of the Securitization Process in the Expansion of Subprime Credit
Taylor D. Nadauld
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Doctoral …: April 2009
Abstract
We analyze the structure and attributes of subprime mortgage-backed securitization deals … securitization deals into which the loans were sold. We show that
the securitization process, including the assignment of credit …