In conjunction with Annual Reviews and the New York University Stern School of Business, the MIT Golub Center for Finance and Policy (GCFP) 5th Annual Conference: “2008 Financial Crisis: A Ten-Year Review”
This recording is from Day 1 of the event.
Foote discusses his joint paper with Paul Willen, which explores the connections among the housing cycle, the recession, and mortgage defaults. A chief area of focus is the relationship among underwater mortgages, adverse life events, and defaults.
A session from the 2008 Financial Crisis: A Ten-Year Review conference held on 8-9 November 2018 in New York.
“Causes and Consequences of Mortgage Defaults,” Christopher Foote, Federal Reserve Bank of Boston
Foote discusses his joint paper with Paul Willen, which explores the connections among the housing cycle, the recession, and mortgage defaults. A chief area of focus is the relationship among underwater mortgages, adverse life events, and defaults.
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