Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10009007156
Persistent link: https://www.econbiz.de/10009568171
Private risk capital has virtually disappeared from the U.S. housing finance market since the market's collapse in 2008. This Article argues that private risk capital is unlikely to return on any scale until the informational problems in housing finance are resolved so that investors can...
Persistent link: https://www.econbiz.de/10013113336
In this chapter, we consider the role of duties-to-serve in the housing finance market -- the patchwork of obligations on lending institutions to reach out to traditionally underserved communities and borrowers. We review the current regulatory framework and history of various duties-to-serve,...
Persistent link: https://www.econbiz.de/10013034241
The U.S. housing finance system presents a conundrum for the scholar of regulation because it defies description using the traditional regulatory vocabulary of command-and-control, taxation, subsidies, cap-and-trade permits, and litigation. Instead, since the New Deal, the housing finance market...
Persistent link: https://www.econbiz.de/10013037455
Persistent link: https://www.econbiz.de/10012226691
Introduction: In praise of homeownership -- Housing finance before the New Deal -- The New Deal mortgage -- The rise of securitization -- The boom and the bubble -- The bubble bursts -- Timing the bubble -- Demand or supply? -- Theories of the bubble -- The securitization daisy chain --...
Persistent link: https://www.econbiz.de/10012134099