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