Index

A

aaa investors, 209

Aaa-rating, 181

ABS CDO (asset-backed security collateralized debt obligation), 117

ABX, leverage, 124

accountability, 238-239

lack of, 3

acquisitions, home builders, 134

adjustable-rate mortgages, 16

alternative-A loans, 32

American Association of Residential Mortgage Regulators, 147

American Dream Downpayment Act, 151

American financial system, 111-114

responsibility, 126-127

appraisals, 17

ARMs (adjustable-rate mortgages), 16, 66-69

first-time home buyers, 54-55

interest-only ARMs, 38

option ARMs, 38

versus fixed-rate mortgages, 35-38

asset-backed conduits, 120

asset-backed security collateralized debt obligation (ABS CDO), 117

asset bubbles, controlling, 241-242

asset prices

consumer spending, effect of, 222-225 ...

Get Financial Shock: A 360° Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.