Prudent lending restored : securitization after the mortgage meltdown / / Yasuyuki Fuchita, Richard J. Herring, Robert E. Litan, editors.

"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. Prov...

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Year of Publication:2009
Language:English
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Physical Description:viii, 326 p. :; ill. ;; 23 cm.
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Summary:"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.
Bibliography:Includes bibliographical references and index.
ISBN:9780815703365 (pbk. : alk. paper)
0815703368 (pbk. : alk. paper)
Hierarchical level:Monograph
Statement of Responsibility: Yasuyuki Fuchita, Richard J. Herring, Robert E. Litan, editors.