Subprime and Predatory Lending
| Author | : United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit |
| Publisher | : |
| Total Pages | : 518 |
| Release | : 2007 |
| Genre | : Business & Economics |
| ISBN | : |
Subprime And Predatory Lending New Regulatory Guidance Current Market Conditions And Effects On Regulated Financial Institutions Hearing Before The Subcommittee On Financial Institutions And Consu
Download Subprime And Predatory Lending New Regulatory Guidance Current Market Conditions And Effects On Regulated Financial Institutions Hearing Before The Subcommittee On Financial Institutions And Consu full books in PDF, epub, and Kindle. Read online free Subprime And Predatory Lending New Regulatory Guidance Current Market Conditions And Effects On Regulated Financial Institutions Hearing Before The Subcommittee On Financial Institutions And Consu ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Bull by the Horns
| Author | : Sheila Bair |
| Publisher | : Simon and Schuster |
| Total Pages | : 433 |
| Release | : 2013-09-10 |
| Genre | : Business & Economics |
| ISBN | : 1451672497 |
The former FDIC Chairwoman, and one of the first people to acknowledge the full risk of subprime loans, offers a unique perspective on the greatest crisis the U.S. has faced since the Great Depression.
Homeownership and America's Financial Underclass
| Author | : Mechele Dickerson |
| Publisher | : Cambridge University Press |
| Total Pages | : 289 |
| Release | : 2014-06-30 |
| Genre | : Business & Economics |
| ISBN | : 1107038685 |
Why does America have a love affair with homeownership? For many, buying a home is no longer in their best interest and may harm their children's educational opportunities. This book argues that US leaders need to re-evaluate housing policies and develop new ones that ensure that all Americans have access to affordable housing, whether rented or owned. After describing common myths, the book shows why the circumstances now faced by America's financial underclass make it impossible for them to benefit from homeownership because they cannot afford to buy homes. It then exposes the risks of 'home buying while brown or black,' discussing US policies that made it easier for whites to buy homes, but harder and more costly for blacks and Latinos to do so. The book argues that remaining racial discrimination and certain demographic features continue to make it harder for blacks and Latinos to receive homeownership's promised benefits.
Federal Government's Role in Empowering Americans to Make Informed Financial Decisions
| Author | : United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Subcommittee on Oversight of Government Management, the Federal Workforce, and the District of Columbia |
| Publisher | : |
| Total Pages | : 128 |
| Release | : 2008 |
| Genre | : Consumer education |
| ISBN | : |
Foreclosed
| Author | : Daniel Immergluck |
| Publisher | : Cornell University Press |
| Total Pages | : 265 |
| Release | : 2011-07-20 |
| Genre | : Social Science |
| ISBN | : 0801457580 |
Over the last two years, the United States has observed, with some horror, the explosion and collapse of entire segments of the housing market, especially those driven by subprime and alternative or "exotic" home mortgage lending. The unfortunately timely Foreclosed explains the rise of high-risk lending and why these newer types of loans—and their associated regulatory infrastructure—failed in substantial ways. Dan Immergluck narrates the boom in subprime and exotic loans, recounting how financial innovations and deregulation facilitated excessive risk-taking, and how these loans have harmed different populations and communities. Immergluck, who has been working, researching, and writing on issues tied to housing finance and neighborhood change for almost twenty years, has an intimate knowledge of the promotion of homeownership and the history of mortgages in the United States. The changes to the mortgage market over the past fifteen years—including the securitization of mortgages and the failure of regulators to maintain control over a much riskier array of mortgage products—led, he finds, inexorably to the current crisis. After describing the development of generally stable and risk-limiting mortgage markets throughout much of the twentieth century, Foreclosed details how federal policy-makers failed to regulate the new high-risk lending markets that arose in the late 1990s and early 2000s. The book also examines federal, state, and local efforts to deal with the mortgage and foreclosure crisis of 2007 and 2008. Immergluck draws upon his wealth of experience to provide an overarching set of principles and a detailed set of policy recommendations for "righting the ship" of U.S. housing finance in ways that will promote affordable yet sustainable homeownership as an option for a broad set of households and communities.
Report on the Activity of the Committee on Financial Services for the One Hundred Tenth Congress
| Author | : United States. Congress. House. Committee on Financial Services |
| Publisher | : |
| Total Pages | : 204 |
| Release | : 2009 |
| Genre | : |
| ISBN | : |
Banking Modern America
| Author | : Jesse Stiller |
| Publisher | : Routledge |
| Total Pages | : 256 |
| Release | : 2016-10-04 |
| Genre | : Business & Economics |
| ISBN | : 1315447541 |
The passage of the National Currency Act of 1863 gave the United States its first uniform paper money, its first nationally chartered and supervised commercial banks, and its first modern regulatory agency: the Office of the Comptroller of the Currency. The law marked a milestone in the development of the U.S. financial system and the modern administrative state. Yet its importance has been largely overlooked. Banking Modern America aims to address that gap. With its unique multidisciplinary approach that brings together scholars from disciplines including history, economics, the law, and finance, this book lends a new dimension to studying the origins and development of a system that touched key aspects of modern America. Chapters examine key episodes in the history of Federal banking, looking at the Civil War origins of the national banking system and the practical challenges of setting up a new system of money and banking. The essays in this volume explore the tensions that arose between bankers and Federal regulators, between governmental jurisdictions, and even between regulators themselves. This book will be essential reading for academics of banking and finance, regulation, numismatics and history, as well as professional economists, historians and policy makers interested in the history of the US financial system.
The Financial Crisis Inquiry Report
| Author | : Financial Crisis Inquiry Commission |
| Publisher | : Cosimo, Inc. |
| Total Pages | : 692 |
| Release | : 2011-05-01 |
| Genre | : Political Science |
| ISBN | : 1616405414 |
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Warfare Welfare
| Author | : |
| Publisher | : Potomac Books, Inc. |
| Total Pages | : 288 |
| Release | : 2012-04-01 |
| Genre | : Business & Economics |
| ISBN | : 1597975338 |
This edited volume reveals how a permanent war economy has made the United States unable to spread democracy abroad and has worsened domestic problems. The editors draw from classical readings in political theory, from primary documents (including key court decisions), and from social science research to analyze such issues as the effect of militarization and combativeness on the everyday lives of Americans. The editors also address the dire connection among banking losses, the housing recession, the welfare/national security state, and the challenge of rebuilding AmericaÆs infrastructure.
