The remaining $10 trillion came from the securitization markets, meaning the parallel banking system.

The remaining $10 trillion came from the securitization markets.

The securitization markets also remain impaired, as investors anticipate more loan losses.

The securitization markets frequently tapped by the shadow banking system started to close down in the spring of 2007, with the first failure of auction-rate offerings to attract bids.

The securitization markets started to close down in the spring of 2007 and nearly shut-down in the fall of 2008.

In the securitization market, instruments became increasingly complex, leading to widespread misunderstanding and mispricing of risk.

As a result of the credit crunch, that securitization market has dried up, and Paulson wants the government to step in and restore liquidity to the market.

I like the simple option best: go back to insuring mortgages without creating secondary securitization markets.

Long Beach Mortgage begins to move towards the subprime securitization market.

The GSE's increased their involvement in the subprime securitization market because they were significantly losing market share and were feeling less relevant in the mortgage lending marketplace.