repost: 'Understanding the Securitization of Subprime Mortgage Credit' sr318

A beauty. Alternate titles 'Everything you wanted to know about the 2006 vintage'  'Everybody is Guilty no one's to blame'

click the link for the pdf from New York Fed
http://www.newyorkfed.org/research/staff_reports/sr318.pdf

Table 2 - Who's here now? A gem. Though its rumored Countrywide 'privately' call their new company BOAC.