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Revisiting the origins of the subprime crisis -- The costs of foreclosure and the racialized shape of the crisis -- The … Federal government to the rescue? -- Regulating the mortgage market -- The housing finance debate -- The housing finance …
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contagion effect after the U.S. subprime mortgage crisis. The results indicate the presence of left tail dependence before and …
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Many, if not most, accounts of the financial crisis of 2008 include a prominent role for the U.S. residential mortgage …-family mortgage finance policies. It should be of little surprise that the Dodd-Frank Act contains multiple provisions related to … mortgage finance. This paper offers a review of those provisions, followed by an evaluation of their likely impact and …
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U.S. financial regulation has traditionally made functional and institutional regulation roughly equivalent. However, the gradual shift away from Glass-Steagall and the introduction of the Financial Modernization Act (FMA) generated a disorderly mix of functions and products across institutions,...
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