Mortgage Lending Reform
Author | : United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit |
Publisher | : |
Total Pages | : 272 |
Release | : 2009 |
Genre | : Business & Economics |
ISBN | : |
Download Mortgage Lending Reform full books in PDF, epub, and Kindle. Read online free Mortgage Lending Reform ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author | : United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit |
Publisher | : |
Total Pages | : 272 |
Release | : 2009 |
Genre | : Business & Economics |
ISBN | : |
Author | : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs |
Publisher | : |
Total Pages | : 98 |
Release | : 2014 |
Genre | : Community banks |
ISBN | : |
Author | : DIANE Publishing Company |
Publisher | : DIANE Publishing |
Total Pages | : 83 |
Release | : 2011 |
Genre | : Law |
ISBN | : 1437989004 |
The Dodd-Frank Act is intended to reform residential mortgage lending and securitization practices that contributed to the recent financial crisis. The Act provides some liability protection for lenders originating mortgages that meet nine specified criteria associated with a borrower¿s ability to repay (¿qualified mortgages¿). The act also requires securitizers of mortgages not meeting separate criteria associated with lower default risk to retain at least 5% of the credit risk. This report discusses the potential impact of the act¿s: (1) qualified mortgage criteria; (2) credit risk retention requirement; and (3) provisions concerning homeownership counseling and regulation of high-cost loans. Charts and tables. This is a print on demand report.
Author | : United States. Congress. House. Committee on Financial Services |
Publisher | : |
Total Pages | : 364 |
Release | : 2009 |
Genre | : Business & Economics |
ISBN | : |
Author | : Susan M. Wachter |
Publisher | : University of Pennsylvania Press |
Total Pages | : 399 |
Release | : 2011-05-31 |
Genre | : Business & Economics |
ISBN | : 0812204301 |
Successful home ownership requires the availability of appropriate mortgage products. In the years leading up to the collapse of the housing market, home buyers frequently accepted mortgages that were not only wrong for them but catastrophic for the economy as a whole. When the housing market bubble burst, so did a cornerstone of the American dream for many families. Restoring the promise of this dream requires an unflinching inspection of lending institutions and the right tools to repair the structures that support solid home purchases. The American Mortgage System: Crisis and Reform focuses on the causes of the housing market collapse and proposes solutions to prevent another rash of foreclosures. Edited by two leaders in the field of real estate and finance, Susan M. Wachter and Marvin M. Smith, The American Mortgage System examines key elements of the mortgage meltdown. The volume's contributors address the influence of the Community Reinvestment Act, which is often blamed for the crisis. They uncover how the government-sponsored enterprises Fannie Mae and Freddie Mac invested outside the housing market with disastrous results. They present surprising information about low-income borrowers and the strengths of local banks. This collection of thoughtful studies includes extensive analysis of loan practices and the creation of unstable mortgage securities, presenting data largely unavailable until now. More than a critique, The American Mortgage System offers solutions to the problems facing the future of American home ownership, including identifying asset price bubbles, calculating risk, and preventing discrimination in lending. Measured yet timely and by turns provocative, The American Mortgage System provides a careful assessment of a troubled but indispensable part of the economic and social structure of the United States. This book is a sound investment for economists, urban planners, and all who shape public policy.
Author | : Susan M. Wachter |
Publisher | : University of Pennsylvania Press |
Total Pages | : 288 |
Release | : 2016-09-23 |
Genre | : Business & Economics |
ISBN | : 0812248627 |
Nearly a decade after the housing market's collapse triggered the Great Recession, members of both sides of the political aisle are calling for reform. Principles of Housing Finance Reform lays out a roadmap for reforms for a new housing finance system to achieve liquidity, access, and sustainability.
Author | : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs |
Publisher | : |
Total Pages | : 80 |
Release | : 2012 |
Genre | : Housing |
ISBN | : |
Author | : United States. Congress. House. Committee on Financial Services |
Publisher | : |
Total Pages | : 168 |
Release | : 2009 |
Genre | : Consumer credit |
ISBN | : |
Author | : United States. Congress. House. Committee on Financial Services |
Publisher | : |
Total Pages | : 104 |
Release | : 2011 |
Genre | : Business & Economics |
ISBN | : |
Author | : Richard Koss |
Publisher | : International Monetary Fund |
Total Pages | : 31 |
Release | : 2017-08-08 |
Genre | : Business & Economics |
ISBN | : 1484312546 |
It has been over a decade since the peak of house prices in the US was attained, and while there has been a concerted regulatory response to the subsequent collapse, the two Government Sponsored Enterprises (GSEs) remain in conservatorship. While this action served to forestall a deeper crisis at the time, over the past several years risks related to the system of mortgage finance can be seen building across several dimensions that need to be addressed. While reforms to the GSEs are an important part of dealing with these concerns, this paper argues that broader changes need to be made across the entire mortgage landscape to stabilize the system, even before the final state of the GSEs is fully determined.