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1 Is conduit lending to blame? Asymmetric information, adverse selection, and the ... see, for example, Nothaft and Gabriel 1989, Fama and French 1989, Rothberg, Blume ...
... findings evidenced in the broader empirical literature on mortgage and bond pricing (see, for example, Nothaft and Gabriel 1989, Fama and French 1989, Rothberg, Blume, Keim ...
Politicians and journalists have shared the blame, as have mortgage lenders and even ... securities a seal of approval, says Wharton finance professor Marshall E. Blume
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