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Prudent lending restored : securitization after the mortgage meltdown /

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"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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Bibliographic Details
Other Authors: Fuchita, Yasuyuki, 1958-, Herring, Richard, Litan, Robert E., 1950-
Format: Book
Language:English
Published: Tokyo : Washington, D.C. : Nomura Institute of Capital Markets Research ; Brookings Institution Press, [2009]
Subjects:
Asset-backed financing.
Mortgage loans.
Financial crises.
Description
Summary:"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.
Physical Description:viii, 326 pages : illustrations ; 23 cm.
Bibliography:Includes bibliographical references and index.
ISBN:9780815703365 (pbk. : alk. paper)
0815703368 (pbk. : alk. paper)