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The Subprime Mortgage Market
URL: http://www.federalreserve.gov/Boarddocs/speeches/2007/20070517/default.htm

Description:
May 2007 remarks by Federal Reserve Bank Chairman Ben S. Bernanke on " Why have delinquencies and initiations of foreclosure proceedings risen so sharply? How have subprime mortgage markets adjusted? How have Federal Reserve and other policymakers responded, and what additional actions might be considered? [And] how might the problems in the market for subprime mortgages affect housing markets and the economy more broadly?" From the Federal Reserve Board.

LII Topics: Housing, Investing, Mortgages, Mortgages

Publisher:
The Federal Reserve Board

LII Database Information:
Record 24272 created by Maria Brandt on 08/07/2007
Last modification on 08/13/2007
Published: 08/15/2007  
Funding agency: California State Library
LII Item ID: http://lii.org/cs/lii/view/item/24272

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