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Foreclosed : High-Risk Lending, Deregulation, and the Undermining of America's Mortgage Market /

In 2007 and 2008, the United States has observed, with some horror, the explosion and collapse of entire segments of the housing market, especially those driven by subprime and alternative or "exotic" home mortgage lending. Foreclosed explains the rise of high-risk lending and why these ne...

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Bibliographic Details
Main Author: Immergluck, Daniel
Format: Electronic eBook
Language:Inglés
Published: Ithaca : Cornell University Press, 2009.
Series:Book collections on Project MUSE.
Subjects:
Online Access:Texto completo
Table of Contents:
  • U.S. mortgage market development and federal policy to the early 1990s
  • Mortgage market disparities and the dual regulatory system in the twentieth century
  • The high-risk revolution
  • Mortgage market breakdown : the contributions of transactional failures, conflicts of interest, and global capital surpluses
  • The economic and social costs of high-risk mortgage lending
  • High-risk lending and public policy, 1995-2008
  • Policies for fair, affordable, and sustainable mortgage markets.