Prudent lending restored securitization after the mortgage meltdown /
Prudent lending restored securitization after the mortgage meltdown / [electronic resource] :
Yasuyuki Fuchita, Richard J. Herring, Robert E. Litan, editors.
- Tokyo : Washington, D.C. : Nomura Institute of Capital Markets Research ; Brookings Institution Press, c2009.
- viii, 326 p. : ill. ; 23 cm.
Includes bibliographical references and index.
Preface -- 1. The future of securitization : an introduction / Yasuyuki Fuchita, Richard J. Herring, and Robert E. Litan -- 2. Financial turmoil and central bank responses in the United States, United Kingdom, European Union, and Japan / Robert A. Eisenbeis -- 3. Structuring for leverage : CPDOs, SIVs, and ARSs / Joseph R. Mason -- 4. The future of securitization / Gunter Franke and Jan P. Krahnen -- 5. Legal and economic issues in litigation arising from the 2007-08 credit crisis / Jennifer E. Bethel, Allen Ferrell, and Gang Hu -- 6. Mortgage payment insurance and the future of the housing finance system / Jack Guttentag and Igor Roitburg -- 7. The development and future of securitization in Asia / Eiichi Sekine, Kei Kodachi, and Tetsuya Kamiyama.
"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.
Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.
Asset-backed financing.
Mortgage loans.
Financial crises.
Electronic books.
HG4028.A84 / P78 2009
332.63/27
Includes bibliographical references and index.
Preface -- 1. The future of securitization : an introduction / Yasuyuki Fuchita, Richard J. Herring, and Robert E. Litan -- 2. Financial turmoil and central bank responses in the United States, United Kingdom, European Union, and Japan / Robert A. Eisenbeis -- 3. Structuring for leverage : CPDOs, SIVs, and ARSs / Joseph R. Mason -- 4. The future of securitization / Gunter Franke and Jan P. Krahnen -- 5. Legal and economic issues in litigation arising from the 2007-08 credit crisis / Jennifer E. Bethel, Allen Ferrell, and Gang Hu -- 6. Mortgage payment insurance and the future of the housing finance system / Jack Guttentag and Igor Roitburg -- 7. The development and future of securitization in Asia / Eiichi Sekine, Kei Kodachi, and Tetsuya Kamiyama.
"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.
Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.
Asset-backed financing.
Mortgage loans.
Financial crises.
Electronic books.
HG4028.A84 / P78 2009
332.63/27