Prudent lending restored securitization after the mortgage meltdown

"Examining growth of complex securitized structures in U.S. and world markets, provides a timeline of key events, proposing explanations for the resulting financial crisis. Offers suggestions on securitization reform, including a solution to insure the mortgage market against default risk. Prov...

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Bibliographische Detailangaben
Weitere Verfasser: Fuchita, Yasuyuki (BerichterstatterIn), Herring, Richard J. (BerichterstatterIn), Litan, Robert E. (BerichterstatterIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: Tokyo, Washington, DC Nomura Institute of Capital Markets Research c2009
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Beschreibung
Zusammenfassung:"Examining growth of complex securitized structures in U.S. and world markets, provides a timeline of key events, proposing explanations for the resulting financial crisis. Offers suggestions on securitization reform, including a solution to insure the mortgage market against default risk. Provides strategies to increase transparency and encourage more prudent lending"--Provided by publisher
Beschreibung:Includes bibliographical references and index
Beschreibung:VI, 326 S.
graph. Darst.
ISBN:9780815703365
978-0-8157-0336-5