problems with subprime mortgages prior to the 2007-09 financial crisis. His book, Subprime Mortgages: America's Latest Boom and Bust, was published before the crisis was widely recognized and he had spoken out about them earlier. Gramlich died on September 5, 2007, from acute myeloid leukemia. He and his wife, Ruth had two children, Sarah and Robert, both married, and six grandchildren. References External links August 2007 New York Times Article regarding Mr. Gramlich Press release concerning Gramlich's resignation from the Federal Reserve June 9, 2007 WSJ article about Gramlich's efforts to get Greenspan to crack down on predatory lending List of postings by Edward Gramlich on the Urban Institute website for "nonpartisan economic and social policy research" Statements and Speeches of Edward M. Gramlich 1939 births 2007 deaths 20th-century American economists 20th-century American educators Federal Reserve System governors Deaths from cancer in Washington, D.C. Deaths from acute myeloid leukemia Directors of the Congressional Budget Office University of Michigan faculty Clinton administration personnel George W. Bush administration personnel