The Sub-prime loan crisis occurred in America caused from low interest, higher home prices, banks¡¦ greedy securitized mortgage and then, in 2007, invest rate rose, and housing prices dropped sharply. The investors got hit and credit market crunched finally.
Before the crisis, the risks were ignored. Banks, hedge funds and insurance companies packaged and repackaged the products as RMBS, CDOS to inventors, and they did buy them a lot all over the world. Nobody knows exactly who owns what by how much that will affected sub-prime mortgage loan. Until 2007 the world turned up-side down, interest rate rose higher and higher, the housing market collapsed, and then Credit rating agencies downgraded to about 1,000 MBS (mortgage-backed securities).
In the study will find out how sub-prime loan crisis is happened, when it will be over, as well as the relevant accounting and risk events.
| Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0907109-015658 |
| Date | 07 September 2009 |
| Creators | Kuo, Chia-Wei |
| Contributors | none, Tu Yi-Min, none |
| Publisher | NSYSU |
| Source Sets | NSYSU Electronic Thesis and Dissertation Archive |
| Language | Cholon |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0907109-015658 |
| Rights | not_available, Copyright information available at source archive |
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