Ten years after the mortgage-fueled Great Recession, several of the market and structural components remain in place that could set the environment for the next crisis.  In her latest research, Wharton management professor Natalya Vinokurova takes a historical look at the development of mortgage-backed securities and finds fascinating parallels to the present day. She spoke to Knowledge at Wharton about her papers, “Failure to Learn from Failure: The 2008 Mortgage Crisis as a Déjà vu of the Mortgage Meltdown of 1994 ” and “ How Mortgage-Backed Securities Became Bonds: The Emergence, Evolution, and Acceptance of Mortgage-Backed Securities in the United States, 1960–1987 ,” and why one should heed the warnings of history. An edited transcript of the conversation follows. Knowledge at Wharton: The inspiration for this research goes back to the introduction of mortgage-backed securities. Can you tell us about that?…