Some context: February 27, 2007: The
Federal Home Loan Mortgage Corporation (Freddie Mac) announces that it will no longer buy the most risky subprime mortgages and mortgage-related securities. April 2, 2007: New Century Financial Corporation, a leading subprime mortgage lender, files for Chapter 11 bankruptcy protection. June 1, 2007: Standard and Poor’s and Moody’s Investor Services downgrade over 100 bonds backed by second-lien subprime mortgages. And so it goes…
Resources for data used: Event timeline for the mortgage mess – http://timeline.stlouisfed.org/pdf/CrisisTimeline.pdf – Datasets and mapping tools
– www.geocommons.com NY federal reserve bank (data on debt and credit) – http://www.newyorkfed.org/creditconditions/ Census data via their data retrieval tool (this link is housing data) – http://dataferrett.census.gov/datasets.html#ahs Home Mortgage Disclosure Act data – http://www.ffiec.gov/hmdaadwebreport/AggWelcome.aspx This presentation (and the rest of the talks) video/audio download: https://bloorgroup.webex.com/bloorgroup/lsr.php?AT=pb&SP=EC&rID=4166022&rKey=1dd657ec48 4da85e These slides also available at: http://www.slideshare.net/mrm0/ All the other FedSpend shows: http://www.insideanalysis.com/fedspend/
About the Presenter Mark Madsen
is president of Third Nature, a technology research and consulting firm focused on business intelligence, analytics and performance management. Mark is an award-winning author, architect and former CTO whose work has been featured in numerous industry publications. During his career Mark received awards from the American Productivity & Quality Center, TDWI, Computerworld and the Smithsonian Institute. He is an international speaker, contributing editor at Intelligent Enterprise, and manages the open source channel at the Business Intelligence Network. For more information or to contact Mark, visit http://ThirdNature.net.
About Third NatureThird Nature is
a research and consulting firm focused on new andemerging technology and practices in business intelligence, dataintegration and information management. If your question is related to BI,open source, web 2.0 or data integration then you‘re at the right place.Our goal is to help companies take advantage of information-drivenmanagement practices and applications. We offer education, consultingand research services to support business and IT organizations as well astechnology vendors.We fill the gap between what the industry analyst firms cover and what ITneeds. We specialize in product and technology analysis, so we look atemerging technologies and markets, evaluating the products rather thanvendor market positions.