A Toxic Subprime Mortgage Bond's Legacy Lives On
Friday, September 13, 2013
Mortgage-backed securities became synonymous with the 2008 global financial crisis. Five years later, the Wall Street Journal tracked the mortgages in one subprime bond -- comprised of loans from Countrywide Financial Corp. -- and what happened to some of the families tied to it.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- BofA to Settle with Fannie Mae
- IPOs Set to Raise Most Cash Since Downturn
- U.S. Won’t Seek Goldman Charges
- Citi to Settle Suit for $590 Million
- Despite Deal, J.P. Morgan Faces Fight
- Dow Breaks Record, Keeps Going
- Use of Food Stamps Swells Even as Economy Improves
- Subprime Whodunit a Case of Semantics