Subprime Institute

Author : Edward M. Gramlich
Publisher : The Urban Insitute
Page : 124 pages
File Size : 41,6 Mb
Release : 2007
Category : Business & Economics
ISBN : 087766739X

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Subprime Mortgages by Edward M. Gramlich Pdf

Over the past decade, a new mortgage market offering loans at low interest rates and for little or no money down has given low-income people an opportunity to pursue the American dream of homeownership. The resulting wave in home buying promised to stabilize neighborhoods and families, boost the economy, and reduce crime. In many ways, the optimists were correct, but now, less than fifteen years later, the subprime mortgage market is collapsing, threatening to take the rest of the housing sector along with it.Subprime Mortgages: America's Latest Boom and Bust analyzes how the subprime market emerged, why it is in crisis, and how we can reform public policy to avert disaster. An attendant examination of the rental market also offers recommendations for shoring up what may be the best housing option for some families.

Author : Anonim
Publisher : Unknown
Page : 1198 pages
File Size : 45,9 Mb
Release : 2008
Category : Consumer credit
ISBN : STANFORD:36105064263911

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Subprime Institute by Anonim Pdf

Author : Anonim
Publisher : Unknown
Page : 1187 pages
File Size : 40,5 Mb
Release : 2008
Category : Bank loans
ISBN : 140241109X

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Subprime Institute, 2008 by Anonim Pdf

Author : Adam B. Ashcraft
Publisher : DIANE Publishing
Page : 76 pages
File Size : 42,9 Mb
Release : 2010-03
Category : Electronic
ISBN : 9781437925142

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Understanding the Securitization of Subprime Mortgage Credit by Adam B. Ashcraft Pdf

Provides an overview of the subprime mortgage securitization process and the seven key informational frictions that arise. Discusses the ways that market participants work to minimize these frictions and speculate on how this process broke down. Continues with a complete picture of the subprime borrower and the subprime loan, discussing both predatory borrowing and predatory lending. Presents the key structural features of a typical subprime securitization, documents how rating agencies assign credit ratings to mortgage-backed securities, and outlines how these agencies monitor the performance of mortgage pools over time. The authors draw upon the example of a mortgage pool securitized by New Century Financial during 2006. Illustrations.

Author : Robert J. Shiller
Publisher : Princeton University Press
Page : 224 pages
File Size : 52,8 Mb
Release : 2012-09-24
Category : Business & Economics
ISBN : 9780691156323

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The Subprime Solution by Robert J. Shiller Pdf

A best-selling economist reveals the origins of the subprime mortgage crisis and puts forward bold measures to resolve it by restructuring the institutional foundations of the financial system in a thoughtful study by the author of Irrational Exuberance. First serial, The Atlantic.

Author : Manuel B. Aalbers
Publisher : John Wiley & Sons
Page : 361 pages
File Size : 49,7 Mb
Release : 2012-04-16
Category : Political Science
ISBN : 9781444337761

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Subprime Cities by Manuel B. Aalbers Pdf

Subprime Cities: The Political Economy of Mortgage Markets presents a collection of works from social scientists that offer insights into mortgage markets and the causes, effects, and aftermath of the recent 'subprime' mortgage crisis. Provides an even-handed and detailed analysis of mortgage markets and the recent housing crisis Features contributions from various social scientists with expertise in critical social theories who have assembled and analyzed detailed empirical information Offers a unique and powerful rebuttal to many of the misleading popular explanations of the crisis and its aftermath Reveals how racial minorities and the neighbourhoods inhabited by them are more likely to be targeted by subprime and predatory lenders

Author : Adam B. Ashcraft,Til Schuermann
Publisher : Lulu.com
Page : 84 pages
File Size : 53,9 Mb
Release : 2012-08-04
Category : Business & Economics
ISBN : 9781300051527

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Understanding the Securitization of Subprime Mortgage Credit: Federal Reserve Bank of New York Staff Report no. 318 by Adam B. Ashcraft,Til Schuermann Pdf

This is an overview of the subprime mortgage securitization process and seven key informational frictions that arise. The authors discuss the ways that market participants work to minimize these frictions and speculate on how this process broke down. They offer a complete picture of the subprime borrower and the subprime loan, discussing both predatory borrowing and predatory lending. They present the key structural features of a typical subprime securitization, document how rating agencies assign credit ratings to mortgage-backed securities, and outline how these agencies monitor the performance of mortgage pools over time. (Originally published as a Federal Reserve Bank of New York Staff Report)

Author : United States. Congress. Senate. Special Committee on Aging
Publisher : Unknown
Page : 310 pages
File Size : 52,7 Mb
Release : 2004
Category : Business & Economics
ISBN : PURD:32754075288260

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Predatory Lending by United States. Congress. Senate. Special Committee on Aging Pdf

Author : James H. Carr,Nandinee K. Kutty
Publisher : Routledge
Page : 417 pages
File Size : 41,9 Mb
Release : 2008-04-18
Category : Business & Economics
ISBN : 9781135889784

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Segregation by James H. Carr,Nandinee K. Kutty Pdf

Segregation: The Rising Costs for America documents how discriminatory practices in the housing markets through most of the past century, and that continue today, have produced extreme levels of residential segregation that result in significant disparities in access to good jobs, quality education, homeownership attainment and asset accumulation between minority and non-minority households. The book also demonstrates how problems facing minority communities are increasingly important to the nation’s long-term economic vitality and global competitiveness as a whole. Solutions to the challenges facing the nation in creating a more equitable society are not beyond our ability to design or implement, and it is in the interest of all Americans to support programs aimed at creating a more just society. The book is uniquely valuable to students in the social sciences and public policy, as well as to policy makers, and city planners.

Author : Anonim
Publisher : Unknown
Page : 934 pages
File Size : 46,5 Mb
Release : 2003
Category : Banking law
ISBN : UCAL:B5102342

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North Carolina Banking Institute by Anonim Pdf

Author : United States. Congress. House. Committee on Oversight and Government Reform
Publisher : Unknown
Page : 204 pages
File Size : 52,8 Mb
Release : 2010
Category : Business & Economics
ISBN : PURD:32754081265070

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Hedge Funds and the Financial Market by United States. Congress. House. Committee on Oversight and Government Reform Pdf

Author : Mark Lapping
Publisher : Routledge
Page : 300 pages
File Size : 43,9 Mb
Release : 2016-04-15
Category : Political Science
ISBN : 9781317060857

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Rural Housing, Exurbanization, and Amenity-Driven Development by Mark Lapping Pdf

Rural America is progressing through a dramatic and sustained post-industrial economic transition. For many, traditional means of household sustenance gained through agriculture, mining and rustic tourism are giving way to large scale corporate agriculture, footloose and globally competitive manufacturing firms, and mass tourism on an unprecedented scale. These changes have brought about an increased presence of affluent amenity migrants and returnees, as well as growing reliance on low-wage, seasonal jobs to sustain rural household incomes. This book argues that the character of rural housing reflects this transition and examines this using contemporary concepts of exurbanization, rural amenity-based development, and comparative distributional descriptions of the "haves" and the "have nots". Despite rapid in-migration and dramatic changes in land use, there remains a strong tendency for communities in rural America to maintain the idyllic small-town myth of large-lot, single-family home-ownership. This neglects to take into account the growing need for affordable housing (both owner-occupied and rental properties) for local residents and seasonal workers. This book suggests that greater emphasis be placed in rural housing policies that account for this rapid social and economic change and the need for affordable rural housing alternatives.

Author : Laurie S. Goodman,Shumin Li,Douglas J. Lucas,Thomas A. Zimmerman,Frank J. Fabozzi
Publisher : John Wiley & Sons
Page : 352 pages
File Size : 40,6 Mb
Release : 2008-06-02
Category : Business & Economics
ISBN : 9780470392744

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Subprime Mortgage Credit Derivatives by Laurie S. Goodman,Shumin Li,Douglas J. Lucas,Thomas A. Zimmerman,Frank J. Fabozzi Pdf

Mortgage credit derivatives are a risky business, especially of late. Written by an expert author team of UBS practitioners-Laurie Goodman, Shumin Li, Douglas Lucas, and Thomas Zimmerman-along with Frank Fabozzi of Yale University, Subprime Mortgage Credit Derivatives covers state-of-the-art instruments and strategies for managing a portfolio of mortgage credits in today's volatile climate. Divided into four parts, this book addresses a variety of important topics, including mortgage credit (non-agency, first and second lien), mortgage securitizations (alternate structures and subprime triggers), credit default swaps on mortgage securities (ABX, cash synthetic relationships, CDO credit default swaps), and much more. In addition, the authors outline the origins of the subprime crisis, showing how during the 2004-2006 period, as housing became less affordable, origination standards were stretched-and when home price appreciation then turned to home price depreciation, defaults and delinquencies rose across the board. The recent growth in subprime lending, along with a number of other industry factors, has made the demand for timely knowledge and solutions greater than ever before, and this guide contains the information financial professionals need to succeed in this challenging field.

Author : Nadine Ehlers,Leslie R. Hinkson
Publisher : U of Minnesota Press
Page : 245 pages
File Size : 45,6 Mb
Release : 2017-07-15
Category : Social Science
ISBN : 9781452915692

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Subprime Health by Nadine Ehlers,Leslie R. Hinkson Pdf

From race-based pharmaceutical prescriptions and marketing, to race-targeted medical “hot spotting” and the Affordable Care Act, to stem-cell trial recruitment discourse, Subprime Health is a timely examination of race-based medicine as it intersects with the concept of debt. The contributors to this volume propose that race-based medicine is inextricable from debt in two key senses. They first demonstrate how the financial costs related to race-based medicine disproportionately burden minorities, as well as how monetary debt and race are conditioned by broader relations of power. Second, the contributors investigate how race-based medicine is related to the concept of indebtedness and is often positioned as a way to pay back the debt that the medical establishment—and society at large—owes for the past and present neglect and abuses of many communities of color. By approaching the subject of race-based medicine from an interdisciplinary perspective—critical race studies, science and technology studies, public health, sociology, geography, and law—this volume moves the discussion beyond narrow and familiar debates over racial genomics and suggests fruitful new directions for future research. Contributors: Ruha Benjamin, Princeton U; Catherine Bliss, U of California, San Francisco; Khiara M. Bridges, Boston U; Shiloh Krupar, Georgetown U; Jenna M. Loyd, U of Wisconsin–Milwaukee; Anne Pollock, Georgia Tech.

Author : United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Domestic Policy
Publisher : Unknown
Page : 320 pages
File Size : 44,7 Mb
Release : 2007
Category : Business & Economics
ISBN : PSU:000063504613

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Foreclosure, Predatory Mortgage and Payday Lending in America's Cities by United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Domestic Policy Pdf