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Book Cover
Book
Author Immergluck, Daniel.

Title Foreclosed : high-risk lending, deregulation, and the undermining of America's mortgage market / Dan Immergluck
Published Ithaca : Cornell University Press, 2009

Copies

Location Call no. Vol. Availability
 MELB  332.1753 Imm/Fhr  AVAILABLE
Description x, 249 pages : illustrations ; 24 cm
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
Summary This book explains the rise of high-risk lending and why these newer types of loans and their associated regulatory infrastucture failed in substantial ways
Notes Formerly CIP. Uk
Bibliography Includes bibliographical references (pages 225-240) and index
Notes In English
Print version record
Subject Mortgage loans -- United States.
Mortgage loans -- Government policy -- United States.
Subprime mortgage loans -- United States.
Foreclosure -- United States.
Financial services industry -- Deregulation -- United States.
Housing -- Finance -- Government policy -- United States.
Financial crises -- United States.
LC no. 2008052549
ISBN 9780801447723 cloth alkaline paper