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The great American housing bubble : what went wrong and how we can protect ourselves in the future /

"The American housing bubble of the 2000s caused the worst global financial crisis since the Great Depression. In this definitive account, Adam Levitin and Susan Wachter pinpoint its source: the shift in mortgage financing from securitization by Fannie Mae and Freddie Mac to "private-label...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Levitin, Adam Jeremiah (Author), Wachter, Susan M. (Author)
Format: Electronic eBook
Language:Inglés
Published: Cambridge : Harvard University Press, [2020]
Subjects:
Online Access:Texto completo
Table of Contents:
  • Introduction: In praise of homeownership
  • Housing finance before the New Deal
  • The New Deal mortgage
  • The rise of securitization
  • The boom and the bubble
  • The bubble bursts
  • Timing the bubble
  • Demand or supply?
  • Theories of the bubble
  • The securitization daisy chain
  • Information failure
  • Post-crisis reforms and developments
  • Principles for reform
  • Meet Franny Meg.