---
title: "Meaning & Key Takeaway of: The securitization of mortgages was not…"
description: "\"“The securitization of mortgages was not new; its explosion after 2000 was the result of three deregulating policy decisions: the repeal in 1999 of Ame..."
image: "https://sms4smile.com/quotes/i/8f4/robert-skidelsky-50275_customer_the-securitization-of-mortgages-was-not_2886543.jpg"
---

#  The securitization of mortgages was not new; its explosion…

![“The securitization of mortgages was not new; its explosion after 2000 was the result of three deregulating policy decisions: the repeal in 1999 of America’s Glass–Steagall Act of 1933,” quote by Robert Skidelsky](https://sms4smile.com/quotes/i/8f4/robert-skidelsky-50275_customer_the-securitization-of-mortgages-was-not_2886543.jpg)   [Download](https://sms4smile.com/quotes/i/8f4/robert-skidelsky-50275_customer_the-securitization-of-mortgages-was-not_2886543.jpg) [Open image](https://sms4smile.com/quotes/i/8f4/robert-skidelsky-50275_customer_the-securitization-of-mortgages-was-not_2886543.jpg)

> ““The securitization of mortgages was not new; its explosion after 2000 was the result of three deregulating policy decisions: the repeal in 1999 of America’s Glass–Steagall Act of 1933,””

[Robert Skidelsky](https://sms4smile.com/quotes/author/robert-skidelsky/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Deregulation of banking laws amplified mortgage securitization, causing a financial crisis.

**In simple terms:** Deregulation amplified mortgage risks.

Key Takeaway

Monitor policy impacts on finance.

Themes

finance regulation crisis

Mood

cautious analytical

Type

educational informative

When to use this quote

- banking reforms
- investment decisions
- risk management

Key Concepts

systemic risk policy analysis

Questions to Reflect On

- What safeguards can limit future crises?
- How does policy interact with market behavior?

A Different Perspective

Regulation alone cannot prevent all market excesses.

★ ★ ★ ★ ★   No ratings yet

[Customer](https://sms4smile.com/quotes/about/customer/) [Decisions Repeal](https://sms4smile.com/quotes/about/decisions-repeal-4030131/) [Deregulating](https://sms4smile.com/quotes/about/deregulating-3339498/) [Deregulating Policy](https://sms4smile.com/quotes/about/deregulating-policy-4030128/) [Repeal 1999](https://sms4smile.com/quotes/about/repeal-1999-4030130/) [Securitization Mortgages](https://sms4smile.com/quotes/about/securitization-mortgages-4030126/)

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