Interest rates

Subprime lending

In finance, subprime lending (also referred to as near-prime, subpar, non-prime, and second-chance lending) is the provision of loans to people in the United States who may have difficulty maintaining the repayment schedule. Historically, subprime borrowers were defined as having FICO scores below 600, although this threshold has varied over time. These loans are characterized by higher interest rates, poor quality collateral, and less favorable terms in order to compensate for higher credit risk. Many subprime loans were packaged into mortgage-backed securities (MBS) and ultimately defaulted, contributing to the financial crisis of 2007–2008. (Wikipedia).

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Subprime mortgages

This reviews the definition of subprime and highlights the startling trends in subprime MBS origination from 1999 to 2006.

From playlist Financial Crisis: Subprime

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Subordination in structured finance

Subordination, along with overcollateralization, is an internal credit enhancement: the division of the liability capital structure into layers or tranches.

From playlist Credit Risk: Securitization

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ABX Index to price subprime risk

ABX introduced a means for the transparent pricing of subprime risk (where previously there was none). In the second part of this briefcast, I show how the authors instructively calculate the implied spread given the index price.

From playlist Financial Crisis: Subprime

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Banking 12: Treasuries (government debt)

Introduction to government debt and treasuries. What it means when we say that Federal Reserve Notes are issued by the Reserve bank but are an obligation of the Government. More free lessons at: http://www.khanacademy.org/video?v=JBWdbzzYbtU

From playlist Banking and Money

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Personal Finance Quiz 0 Question 05

These videos cover questions from one of assessments. It covers basics in federal, state, medicare and social security taxes and how them impact monthly income. IT also covers the idea of micro-finance. To see our other personal finance videos, go here: https://www.youtube.com/playlist?li

From playlist Personal Finance

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Introduction to Mortgage Loans

Introduction to mortgage loans

From playlist Finance

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Mortgage Interest Rates

Understanding how mortgage interest rates are quoted

From playlist Finance

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Why Student Loans are a Good Idea

In this video I talk about why I think student loans are usually a good idea. What do you think? Do you think people should take out loans in some situations?

From playlist Cool Math Stuff

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Loan Repayments (1 of 2: Calculating the total debt)

More resources available at www.misterwootube.com

From playlist Investments and Loans

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19. History of the Mortgage Market: A Personal Narrative

Financial Theory (ECON 251) Professor Geanakoplos explains how, as a mathematical economist, he became interested in the practical world of mortgage securities, and how he became the Head of Fixed Income Securities at Kidder Peabody, and then one of six founding partners of Ellington C

From playlist Financial Theory with John Geanakoplos

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13. Banking: Successes and Failures

Financial Markets (ECON 252) Banks, which were first created in primitive form by goldsmiths hundreds of years ago, have evolved into central economic institutions that manage the allocation of resources, channel information about productive activities, and offer the public convenient i

From playlist Financial Markets (2008) with Robert Shiller

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How the 2008 Financial Crisis Still Affects You

-- About ColdFusion -- ColdFusion is an Australian based online media company independently run by Dagogo Altraide since 2009. Topics cover anything in science, technology, history and business in a calm and relaxed environment. » Podcast I Co-host: https://www.youtube.com/channel/UC6jKU

From playlist All My Videos

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Frictions in subprime securitization

In subprime securitization, seven frictions are identified, but the key frictions are the five represented by the red line that runs from friction #1 (borrower and originator) to friction #6 (the principal-agent problem between investor and asset manager). The essential problem (though sev

From playlist Credit Risk: Securitization

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Lecture 20: Fallout: The Housing Crisis and its Aftermath

In this lecture, Professor Shapiro discusses what produced the subprime mortgage crisis, what the results were and what the lessons are for today.

From playlist Power and Politics in Today’s World

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What Caused The Financial Crisis of 2008?

In todays video we will discuss the Credit Crunch, and the role played by credit derivatives and securitization. Buy My Book Here: https://amzn.to/2wDMInh The Big Short https://amzn.to/2JcyAnx Soros Book https://amzn.to/2JdEqFf Follow Patrick on Twitter Here: https://twitter.com/PatrickE

From playlist Credit Derivatives

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Real Estate Saves Capitalism Then Bursts - China Next?

David Harvey: Chinese urbanization, construction and real estate speculation is saving global capitalism - will it burst as in the US?

From playlist Learning

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Bailout 13: Does the bailout have a chance of working?

Courses on Khan Academy are always 100% free. Start practicing—and saving your progress—now: https://www.khanacademy.org/economics-finance-domain/macroeconomics/macroeconomics-income-inequality/the-2008-financial-crisis/v/bailout-13-does-the-bailout-have-a-chance-of-working Can the bailo

From playlist Money, banking and central banks | Finance and Capital Markets | Khan Academy

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Microfinance: After the Hype and the Crisis - 2012 EPE Meet the Author Lecture

The annual "Meet the Author" lecture, sponsored by the Program in Ethics, Politics and Economics was delivered by Abhijit Banerjee, MIT, Professor and co-author of Poor Economics, who spoke on "Microfinance: After the Hype and the Crisis."

From playlist Ethics, Politics and Economics

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Loss distribution for credit enhancement in securitization

This continues to follow the subprime securitization case study by Aschraft. There are two steps: 1. Specify the loss distribution; and 2. Map the target credit rating to the implied credit enhancement

From playlist Credit Risk: Securitization

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20. Guest Lecture by Stephen Schwarzman

Financial Markets (ECON 252) Stephen Schwarzman, Co-Founder of Blackstone Group, a private equity firm, speaks about his experience in the industry. He discusses his thoughts on global finance, particularly at such an interesting and challenging point in the history of financial institu

From playlist Financial Markets (2008) with Robert Shiller

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