This Bass Connections project set out to deepen the public’s understanding of the policy and market dynamics in the run-up to the 2008 global financial crisis and to explain the divergent responses among federal, state and local policymakers as well as the implications for preventing the next financial crisis. This was achieved through a multimethod and interdisciplinary exploration of signals and stories in the run-up to the crisis.

Each of the 20 undergraduate and graduate students and faculty worked on multiple projects throughout the year. The continued focus on interdisciplinary research allowed for students to produce engaging, accessible analyses. The team’s website, developed by the technology team, showcases each team member’s research contributions and serves as a one-stop-shop for researchers, students and media outlets. Several of the interviewees had not previously discussed their experiences and reflections on the record, and datasets were newly analyzed. As a result, the website houses a critical archive of new evidence about the run-up to the housing crisis in the United States.

Timing

Fall 2019 – Spring 2020

Team Outputs

Stories from NC’s Mortgage Market (Fortin Foundation Bass Connections Virtual Showcase 2020)

Team website

American Predatory Lending: Stories from North Carolina’s Mortgage Market in the Run-up to 2008 (video)

American Predatory Lending and the Global Financial Crisis: Website Walkthrough (video)

This Team in the News

Three Students from Duke, Duke Kunshan Receive Schwarzman Scholarships for Graduate Study in China

Reiners, Lawrence JD/LLM '21, and Others from Duke Law Contribute to Bass Connections Analysis of Predatory Lending

New Duke Resource on the Mortgage Lending That Led to the Great Recession

American Predatory Lending and the Global Financial Crisis

Understanding Predatory Lending

Bass Connections Teams Share Research Highlights in a Virtual Showcase

Meet the Members of the 2019-2020 Bass Connections Student Advisory Council

See related team, American Predatory Lending and the Global Financial Crisis (2020-2021), and Data+ summer project, American Predatory Lending and the Global Financial Crisis (2020).

Image: Rally to demand accountability from the financial institutions and legal action against bankers, by Fibonacci Blue, licensed under CC BY 2.0