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Celent

New York, NY, USA
March 31, 2008

Pathology of the US Mortgage Crisis

Table of Contents

Return to report Abstract

Executive Summary 04
Introduction 05
The Mortgage Business Model in 1987 06
Originate to Distribute Business Model 09
The Mortgage Industry Beyond 2005 13
The US Subprime Crisis 18
From a US Subprime Crisis to a Global Liquidity Crisis 21
Conclusions and Predictions 27
 

About Celent

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is part of Marsh & McLennan Companies [NYSE: MMC].

Media Contacts

New York - Dana Lautin
dlautin@celent.com
Tel.: +1 646 364 8254

Paris - Muriel de Munck
mdemunck@celent.com
Tel.: +33 1 42 61 06 88

Tokyo - KyongSun Kong
kkong@celent.com
Tel.: +81 3 3596 0020

 

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