Prudent lending restored securitization after the mortgage meltdown /

"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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Bibliographic Details
Corporate Author: ProQuest (Firm)
Other Authors: Fuchita, Yasuyuki, 1958-, Herring, Richard., Litan, Robert E., 1950-
Format: Electronic eBook
Language:English
Published: Tokyo : Washington, D.C. : Nomura Institute of Capital Markets Research ; Brookings Institution Press, c2009.
Subjects:
Online Access:Click to View
Table of 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.