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: ebrary, Inc
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.
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Online Access:An electronic book accessible through the World Wide Web; click to view
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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.
Physical Description:viii, 326 p. : ill. ; 23 cm.
Bibliography:Includes bibliographical references and index.