The Rise and Fall of the US Mortgage and Credit Markets (ePub)
A Comprehensive Analysis of the Market Meltdown
(Sprache: Englisch)
The mortgage meltdown: what went wrong and how do we fix it?
Owning a home can bestow a sense of security and independence.
But today, in a cruel twist, many Americans now regard their homes
as a source of worry and dashed expectations. How did...
Owning a home can bestow a sense of security and independence.
But today, in a cruel twist, many Americans now regard their homes
as a source of worry and dashed expectations. How did...
sofort als Download lieferbar
eBook (ePub)
38.99 €
- Lastschrift, Kreditkarte, Paypal, Rechnung
- Kostenloser tolino webreader
Produktdetails
Produktinformationen zu „The Rise and Fall of the US Mortgage and Credit Markets (ePub)“
The mortgage meltdown: what went wrong and how do we fix it?
Owning a home can bestow a sense of security and independence.
But today, in a cruel twist, many Americans now regard their homes
as a source of worry and dashed expectations. How did everything go
haywire? And what can we do about it now?
In The Rise and Fall of the U.S. Mortgage and Credit
Markets, renowned finance expert James Barth offers a
comprehensive examination of the mortgage meltdown. Together with a
team of economists at the Milken Institute, he explores the shock
waves that have rippled through the entire financial sector and the
real economy. Deploying an incredibly detailed and extensive set of
data, the book offers in-depth analysis of the mortgage meltdown
and the resulting worldwide financial crisis. This authoritative
volume explores what went wrong in every critical area, including
securitization, loan origination practices, regulation and
supervision, Fannie Mae and Freddie Mac, leverage and accounting
practices, and of course, the rating agencies. The authors explain
the steps the government has taken to address the crisis thus far,
arguing that we have yet to address the larger issues.
* Offers a comprehensive examination of the mortgage market
meltdown and its reverberations throughout the financial sector and
the real economy
* Explores several important issues that policymakers must
address in any future reshaping of financial market
regulations
* Addresses how we can begin to move forward and prevent similar
crises from shaking the foundations of our financial system
The Rise and Fall of the U.S. Mortgage and Credit Markets
analyzes the factors that should drive reform and explores the
issues that policymakers must confront in any future reshaping of
financial market regulations.
Owning a home can bestow a sense of security and independence.
But today, in a cruel twist, many Americans now regard their homes
as a source of worry and dashed expectations. How did everything go
haywire? And what can we do about it now?
In The Rise and Fall of the U.S. Mortgage and Credit
Markets, renowned finance expert James Barth offers a
comprehensive examination of the mortgage meltdown. Together with a
team of economists at the Milken Institute, he explores the shock
waves that have rippled through the entire financial sector and the
real economy. Deploying an incredibly detailed and extensive set of
data, the book offers in-depth analysis of the mortgage meltdown
and the resulting worldwide financial crisis. This authoritative
volume explores what went wrong in every critical area, including
securitization, loan origination practices, regulation and
supervision, Fannie Mae and Freddie Mac, leverage and accounting
practices, and of course, the rating agencies. The authors explain
the steps the government has taken to address the crisis thus far,
arguing that we have yet to address the larger issues.
* Offers a comprehensive examination of the mortgage market
meltdown and its reverberations throughout the financial sector and
the real economy
* Explores several important issues that policymakers must
address in any future reshaping of financial market
regulations
* Addresses how we can begin to move forward and prevent similar
crises from shaking the foundations of our financial system
The Rise and Fall of the U.S. Mortgage and Credit Markets
analyzes the factors that should drive reform and explores the
issues that policymakers must confront in any future reshaping of
financial market regulations.
Inhaltsverzeichnis zu „The Rise and Fall of the US Mortgage and Credit Markets (ePub)“
List of Illustrations. List of Tables. Acknowledgments. Chapter 1 Overleveraged, from Main Street to Wall Street. Chapter 2 Overview of the Housing and Mortgage Markets. Housing Units, Mortgage Debt, and Household Wealth. Types of Home Mortgages. Two Housing Finance Models: Originate-to-Hold vs. Originate-to-Distribute. Low Interest Rates Contribute to Credit Boom and Record Homeownership Rates. Mortgage Originations, Home Prices, and Sales Skyrocket. Chapter 3 Buildup and Meltdown of the Mortgage and Credit Markets. What Is a Subprime Mortgage and Who Is a Subprime Borrower? Subprime Lending Grows Rapidly and New Products Gain Acceptance. Subprime Mortgages Enable More Widespread Homeownership. Securitization Facilitates the Funding of Subprime Mortgages. The Housing Bubble Reaches the Breaking Point. The Collapse Begins. Chapter 4 When Will the Crisis End? What Is the Damage Scorecard to Date? The Pain Spreads throughout the Financial Sector and Beyond. When Will We Hit Bottom? Chapter 5 What Went Wrong . . . ? . . . with Origination Practices and New Financial Products? . . . with Securitization and Rating Agencies? . . . with Leverage and Accounting Practices? . . . with Fannie Mae and Freddie Mac? . . . with Tax Benefits for Homeownership? . . . with Regulation and Supervision? . . . with the Greed Factor? Assessing the Role of Various Factors to Explain Foreclosures. Chapter 6 So Far, Only Piecemeal Fixes. The Landscape Shifts for Lenders. The Federal Reserve Intervenes to Provide Liquidity and Higher-Quality Collateral. Congress and the White House Take Steps to Contain the Damage. The FDIC Takes Steps to Instill Greater Confidence in Depository Institutions. The Government's Actions Drive up the Deficit. Chapter 7 Where Should We Go from Here? Key Factors That Should Drive Reform. Issues for Policymakers. Concluding Thoughts. Appendix. Endnotes. Glossary. References About the Milken Institute and General Disclaimer. About the Authors. Index.
... mehr
List of Illustrations. List of Tables. Acknowledgments. Chapter 1 Overleveraged, from Main Street to Wall Street. Chapter 2 Overview of the Housing and Mortgage Markets. Housing Units, Mortgage Debt, and Household Wealth. Types of Home Mortgages. Two Housing Finance Models: Originate-to-Hold vs. Originate-to-Distribute. Low Interest Rates Contribute to Credit Boom and Record Homeownership Rates. Mortgage Originations, Home Prices, and Sales Skyrocket. Chapter 3 Buildup and Meltdown of the Mortgage and Credit Markets. What Is a Subprime Mortgage and Who Is a Subprime Borrower? Subprime Lending Grows Rapidly and New Products Gain Acceptance. Subprime Mortgages Enable More Widespread Homeownership. Securitization Facilitates the Funding of Subprime Mortgages. The Housing Bubble Reaches the Breaking Point. The Collapse Begins. Chapter 4 When Will the Crisis End? What Is the Damage Scorecard to Date? The Pain Spreads throughout the Financial Sector and Beyond. When Will We Hit Bottom? Chapter 5 What Went Wrong . . . ? . . . with Origination Practices and New Financial Products? . . . with Securitization and Rating Agencies? . . . with Leverage and Accounting Practices? . . . with Fannie Mae and Freddie Mac? . . . with Tax Benefits for Homeownership? . . . with Regulation and Supervision? . . . with the Greed Factor? Assessing the Role of Various Factors to Explain Foreclosures. Chapter 6 So Far, Only Piecemeal Fixes. The Landscape Shifts for Lenders. The Federal Reserve Intervenes to Provide Liquidity and Higher-Quality Collateral. Congress and the White House Take Steps to Contain the Damage. The FDIC Takes Steps to Instill Greater Confidence in Depository Institutions. The Government's Actions Drive up the Deficit. Chapter 7 Where Should We Go from Here? Key Factors That Should Drive Reform. Issues for Policymakers. Concluding Thoughts. Appendix. Endnotes. Glossary. References About the Milken Institute and General Disclaimer. About the Authors. Index.
... weniger
Autoren-Porträt von James Barth
JAMES R. BARTH is a Senior Fellow at the Milken Institute and the Lowder Eminent Scholar in Finance at Auburn University. His research focuses on financial institutions and capital markets, both domestic and global, with special emphasis on regulatory issues. Barth was an appointee of Presidents Ronald Reagan and George H.W. Bush as chief economist of the Federal Home Loan Bank Board and later of the Office of Thrift Supervision. He has authored more than 200 articles in professional journals and has written and edited several books, including The Great Savings and Loan Debacle, The Reform of Federal Deposit Insurance, and Rethinking Bank Regulation: Till Angels Govern. Barth has been quoted in publications ranging from the New York Times to the Wall Street Journal and has appeared on broadcast programs including The McNeil/Lehrer NewsHour, Good Morning America, Moneyline, and CNBC's Closing Bell.
Bibliographische Angaben
- Autor: James Barth
- 2009, 1. Auflage, 562 Seiten, Englisch
- Verlag: John Wiley & Sons
- ISBN-10: 0470493887
- ISBN-13: 9780470493885
- Erscheinungsdatum: 23.06.2009
Abhängig von Bildschirmgröße und eingestellter Schriftgröße kann die Seitenzahl auf Ihrem Lesegerät variieren.
eBook Informationen
- Dateiformat: ePub
- Größe: 16 MB
- Mit Kopierschutz
Sprache:
Englisch
Kopierschutz
Dieses eBook können Sie uneingeschränkt auf allen Geräten der tolino Familie lesen. Zum Lesen auf sonstigen eReadern und am PC benötigen Sie eine Adobe ID.
Kommentar zu "The Rise and Fall of the US Mortgage and Credit Markets"
Schreiben Sie einen Kommentar zu "The Rise and Fall of the US Mortgage and Credit Markets".
Kommentar verfassen