Author: Jennifer Taub

Jennifer Taub is a professor at Vermont Law School, where she teaches Contracts, Corporations, Securities Regulation, and White Collar Crime. Her book about the financial crisis, Other People’s Houses, was published in 2014 by Yale University Press. Formerly an associate general counsel at Fidelity Investments, Taub is a graduate of Yale University and Harvard Law School.

The Subprime Specter Returns: High Finance and the Growth of High-Risk Consumer Debt

Recognizing the risks to the public, regulators have begun to step in to curtail abuses and hold accountable those who violate the law in lending practices that affect all borrowers, including those with subprime credit scores. While default rates remain relatively low thus far with these subprime loans, we should guard against complacency. Despite the fact that large banks may be pulling back...

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