| Description |
viii, 326 p. : ill. ; 23 cm. |
| Bibliography |
Includes bibliographical references and index. |
| Contents |
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. |
| 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. |
| Reproduction |
Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries. |
| Subject |
Asset-backed financing.
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Mortgage loans.
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Financial crises.
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| Genre/Form |
Electronic books.
|
| Added Author |
Fuchita, Yasuyuki, 1958-
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Herring, Richard.
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Litan, Robert E., 1950-
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ProQuest (Firm)
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| ISBN |
9780815703365 (pbk. : alk. paper) |
|
0815703368 (pbk. : alk. paper) |
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