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Government Interventions in Financial Markets
Economic and Historic Analysis of Subprime Mortgage Options
Reviews policy issues tied to Government interventions in financial markets, explains mortgage subprime delinquency and default, and describes nature of subprime reset problem. Summarizes and analyzes four previous Government market interventions to modify market outcomes, in light of current mortgage market conditions and current proposals to help delinquent homeowners. Covers Government market interventions of the Home Owners Loan Corp. in 1933, Continental Illinois in 1984, the savings and loan industry in 1989, and Brady bonds in 1989.
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.
Library of Congress. Congressional Research Service.