A team of students led by researchers in the Global Financial Markets Center at Duke Law will collect and analyze home mortgage market data that was publicly available during the run-up to the Financial Crisis (1997 – 2007), including (i) size of the market, (ii) composition of the market (conforming v. non-conforming), (iii) home ownership rates, (iv) originators (depository institutions v non-depositories), (v) default and foreclosure rates, (vi) assessments of the market by supervisory and regulatory agencies, (vi) press coverage of the mortgage market, and (vii) public statements by governmental leaders about home mortgages. Analyzing and presenting this data will allow the team to understand what information was publicly available to policymakers preceding the Crisis. The data will also be used to inform the oral histories of key policymakers that will be collected during a Bass Connections project that will begin in the fall of 2019.
Faculty Lead: Lee Reiners
Project Manager: Kate Coulter