Inquisitors Grill Secondary Market Participants Over Bad Practices During Housing Boom
April 9, 2010
A panel of lawmakers and other experts tasked with examining the causes of the financial market collapse put securitization experts on the hot seat in a three-day hearing this week as they dug at the root of the problems in secondary markets leading up to the mortgage market crisis. Industry participants told the panel, the Financial Crisis Inquiry Commission, that deteriorating...