Housing and Mortgage Markets in Historical Perspective

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Author :
Publisher : University of Chicago Press
ISBN 13 : 022609328X
Total Pages : 408 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Housing and Mortgage Markets in Historical Perspective by : Eugene N. White

Download or read book Housing and Mortgage Markets in Historical Perspective written by Eugene N. White and published by University of Chicago Press. This book was released on 2014-10-17 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: The central role of the housing market in the recent recession raised a series of questions about similar episodes throughout economic history. Were the underlying causes of housing and mortgage crises the same in earlier episodes? Has the onset and spread of crises changed over time? How have previous policy interventions either damaged or improved long-run market performance and stability? This volume begins to answer these questions, providing a much-needed context for understanding recent events by examining how historical housing and mortgage markets worked—and how they sometimes failed. Renowned economic historians Eugene N. White, Kenneth Snowden, and Price Fishback survey the foundational research on housing crises, comparing that of the 1930s to that of the early 2000s in order to authoritatively identify what contributed to each crisis. Later chapters explore notable historical experiences with mortgage securitization and the role that federal policy played in the surge in home ownership between 1940 and 1960. By providing a broad historical overview of housing and mortgage markets, the volume offers valuable new insights to inform future policy debates.

Statistical Abstract of the United States

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Author :
Publisher :
ISBN 13 :
Total Pages : 1186 pages
Book Rating : 4.:/5 (29 download)

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Book Synopsis Statistical Abstract of the United States by :

Download or read book Statistical Abstract of the United States written by and published by . This book was released on 1969 with total page 1186 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Great American Housing Bubble

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Author :
Publisher : Harvard University Press
ISBN 13 : 0674246926
Total Pages : 401 pages
Book Rating : 4.6/5 (742 download)

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Book Synopsis The Great American Housing Bubble by : Adam J. Levitin

Download or read book The Great American Housing Bubble written by Adam J. Levitin and published by Harvard University Press. This book was released on 2020-06-09 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive account of the housing bubble that caused the Great Recession—and earned Wall Street fantastic profits. The American housing bubble of the 2000s caused the worst global financial crisis since the Great Depression. In this definitive account, Adam Levitin and Susan Wachter pinpoint its source: the shift in mortgage financing from securitization by Fannie Mae and Freddie Mac to “private-label securitization” by Wall Street banks. This change set off a race to the bottom in mortgage underwriting standards, as banks competed in laxity to gain market share. The Great American Housing Bubble tells the story of the transformation of mortgage lending from a dysfunctional, local affair, featuring short-term, interest-only “bullet” loans, to a robust, national market based around the thirty-year fixed-rate mortgage, a uniquely American innovation that served as the foundation for the middle class. Levitin and Wachter show how Fannie and Freddie’s market power kept risk in check until 2003, when mortgage financing shifted sharply to private-label securitization, as lenders looked for a way to sustain lending volume following an unprecedented refinancing wave. Private-label securitization brought a return of bullet loans, which had lower initial payments—enabling borrowers to borrow more—but much greater back-loaded risks. These loans produced a vast oversupply of underpriced mortgage finance that drove up home prices unsustainably. When the bubble burst, it set off a destructive downward spiral of home prices and foreclosures. Levitin and Wachter propose a rebuild of the housing finance system that ensures the widespread availability of the thirty-year fixed-rate mortgage, while preventing underwriting competition and shifting risk away from the public to private investors.

Housing and the Democratic Ideal

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Author :
Publisher : Columbia University Press
ISBN 13 : 9780231505178
Total Pages : 370 pages
Book Rating : 4.5/5 (51 download)

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Book Synopsis Housing and the Democratic Ideal by : A. Scott. Henderson

Download or read book Housing and the Democratic Ideal written by A. Scott. Henderson and published by Columbia University Press. This book was released on 2000-08-16 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Charles Abrams (1902-1970) stood at the center of the policies, problems, and politics surrounding urban planning, housing reform, and the public and private interests involved in the expansion of the American state. He uniquely combined in one person the often divergent roles of "public" and "policy" intellectual. As a "public intellectual," Abrams's voice reached the American public through the pages of The Nation, The New Leader, and The New York Times, with accessible explanations of civil rights legislation, mortgage financing, government policies, and urban renewal. As a "policy intellectual," he helped to create the New York Housing Authority, lobbied President Kennedy to issue an executive order barring discrimination in federally subsidized housing projects, and combated the growing threat of a federally initiated "business welfare state." Housing and the Democratic Ideal is the only comprehensive work on Charles Abrams to date. Though structured as a narrative biography, this book also uses Abrams's experiences as a lens through which we can better understand the development of American social policy and state expansion during the twentieth century. In his left-leaning critique of centrist liberalism, Abrams took aim at the use of fiscal and monetary policies to achieve social objectives—a practice that allowed business interests to maximize private profits at the expense of public benefits. His growing concern over racial discrimination prefigured its emergence as a highly contested aspect of the American state. A. Scott Henderson not only provides clear insight into Abrams's role in American policymaking and his individual achievements as a pioneering civil rights lawyer, scholar, and urban reformer, but also offers an in-depth analysis of modern state-building and the government-private sector relations ushered in by the New Deal.

Mortgage Loan Gross Flows

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Author :
Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Mortgage Loan Gross Flows by : Arnold Harold Diamond

Download or read book Mortgage Loan Gross Flows written by Arnold Harold Diamond and published by . This book was released on 1969 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Studies in the National Balance Sheet of the United States, Volume 1

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Author :
Publisher : Princeton University Press
ISBN 13 : 1400875498
Total Pages : 460 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Studies in the National Balance Sheet of the United States, Volume 1 by : Raymond William Goldsmith

Download or read book Studies in the National Balance Sheet of the United States, Volume 1 written by Raymond William Goldsmith and published by Princeton University Press. This book was released on 2015-12-08 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume I of this study of the national balance sheet in the postwar period treats statistical problem, structure and trends and application of the balance sheet approach. Originally published in 1963. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

National Wealth of the United States in the Postwar Period

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Author :
Publisher : Princeton University Press
ISBN 13 : 1400879736
Total Pages : 465 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis National Wealth of the United States in the Postwar Period by : Raymond William Goldsmith

Download or read book National Wealth of the United States in the Postwar Period written by Raymond William Goldsmith and published by Princeton University Press. This book was released on 2015-12-08 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: Raymond Goldsmith's book provides annual estimates of national wealth and its components for the period 1945-1958 in current and in constant (1947-1949) prices, and on a gross (undepreciated) and net (depreciated) basis. These figures continue and expand the author’s 1900-1945 estimates, published in A Study of Saving in the United States, Volume III. The estimates for aggregate national wealth are broken down by the main forms of tangible assets but also by the main economic sectors which hold these assets, thus providing wealth statements for each of the seven major sectors. This is the only set of national wealth estimates now available for the United States. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Study of the Savings and Loan Industry

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Author :
Publisher :
ISBN 13 :
Total Pages : 396 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Study of the Savings and Loan Industry by : Irwin Friend

Download or read book Study of the Savings and Loan Industry written by Irwin Friend and published by . This book was released on 1969 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: And recommendations / Irwin Friend -- An empirical analysis of the savings and loan industry / Phoebus J. Dhrymes and Paul J. Taubman -- The financial soundness of savings and loan associations / James E. Walter -- The liquidity of the savings and loan industry / Paul H. Cootner -- An analysis of Illinois savings and loan associations which failed in the period 1963-1968 / H. Robert Bartell, Jr.

From the Post Enron Accounting Scandals to the Subprime Crisis

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1000592995
Total Pages : 508 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis From the Post Enron Accounting Scandals to the Subprime Crisis by : Jerry W. Markham

Download or read book From the Post Enron Accounting Scandals to the Subprime Crisis written by Jerry W. Markham and published by Taylor & Francis. This book was released on 2022-06-06 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 2011, this volume examines the Enron-era scandals and several corporate governance issues that were raised as a result of these scandals. It then describes developments in the securities and derivatives markets, covering hedge funds, venture capital, private equity and sovereign wealth funds.

NEDA Journal of Development

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Author :
Publisher :
ISBN 13 :
Total Pages : 1270 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis NEDA Journal of Development by :

Download or read book NEDA Journal of Development written by and published by . This book was released on 1974 with total page 1270 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Annual Report of the Executive Vice President, National Association of Mutual Savings Banks

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Author :
Publisher :
ISBN 13 :
Total Pages : 108 pages
Book Rating : 4.3/5 (21 download)

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Book Synopsis Annual Report of the Executive Vice President, National Association of Mutual Savings Banks by : National Association of Mutual Savings Banks

Download or read book Annual Report of the Executive Vice President, National Association of Mutual Savings Banks written by National Association of Mutual Savings Banks and published by . This book was released on 1963 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Housing and Planning References

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Author :
Publisher :
ISBN 13 :
Total Pages : 1040 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Housing and Planning References by :

Download or read book Housing and Planning References written by and published by . This book was released on 1955 with total page 1040 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Studies in the National Balance Sheet of the United States, Volume 2

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Author :
Publisher : Princeton University Press
ISBN 13 : 1400875501
Total Pages : 554 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Studies in the National Balance Sheet of the United States, Volume 2 by : Raymond William Goldsmith

Download or read book Studies in the National Balance Sheet of the United States, Volume 2 written by Raymond William Goldsmith and published by Princeton University Press. This book was released on 2015-12-08 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume II contains basic data underlying the study of the national balance sheet in the postwar period treats statistical problem, structure and trends and application of the balance sheet approach. Originally published in 1963. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

American Bonds

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Publisher : Princeton University Press
ISBN 13 : 0691227071
Total Pages : 309 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis American Bonds by : Sarah L. Quinn

Download or read book American Bonds written by Sarah L. Quinn and published by Princeton University Press. This book was released on 2021-08-10 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the American government has long used financial credit programs to create economic opportunities Federal housing finance policy and mortgage-backed securities have gained widespread attention in recent years because of the 2008 financial crisis, but issues of government credit have been part of American life since the nation’s founding. From the 1780s, when a watershed national land credit policy was established, to the postwar foundations of our current housing finance system, American Bonds examines the evolution of securitization and federal credit programs. Sarah Quinn shows that since the Westward expansion, the U.S. government has used financial markets to manage America’s complex social divides, and politicians and officials across the political spectrum have turned to land sales, home ownership, and credit to provide economic opportunity without the appearance of market intervention or direct wealth redistribution. Highly technical systems, securitization, and credit programs have been fundamental to how Americans determined what they could and should owe one another. Over time, government officials embraced credit as a political tool that allowed them to navigate an increasingly complex and fractured political system, affirming the government’s role as a consequential and creative market participant. Neither intermittent nor marginal, credit programs supported the growth of powerful industries, from railroads and farms to housing and finance; have been used for disaster relief, foreign policy, and military efforts; and were promoters of amortized mortgages, lending abroad, venture capital investment, and mortgage securitization. Illuminating America’s market-heavy social policies, American Bonds illustrates how political institutions became involved in the nation’s lending practices.

Handbook of United States Economic and Financial Indicators

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Author :
Publisher : Macmillan
ISBN 13 : 9780313239540
Total Pages : 246 pages
Book Rating : 4.2/5 (395 download)

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Book Synopsis Handbook of United States Economic and Financial Indicators by : Frederick M. O'Hara

Download or read book Handbook of United States Economic and Financial Indicators written by Frederick M. O'Hara and published by Macmillan. This book was released on 1985 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of United States Economic and Financial Indicators is written to answer questions about the makeup, purpose, use, and availability of economic indicators in a broad sense of the term.

Capital in the American Economy

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Publisher : Princeton University Press
ISBN 13 : 1400879728
Total Pages : 694 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Capital in the American Economy by : Simon Smith Kuznets

Download or read book Capital in the American Economy written by Simon Smith Kuznets and published by Princeton University Press. This book was released on 2015-12-08 with total page 694 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of long-term trends in capital formation and financing in the U.S., this study is organized primarily around the principal capital-using sectors of the economy: agriculture, mining and manufacturing, public utilities, non-farm residential real estate, and government. The analysis summarizes major trends in real capital formation and financing, and the factors that determined the trends. Originally published in 1961. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Hearings, Reports and Prints of the Senate Committee on Banking, Housing and Urban Affairs

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Author :
Publisher :
ISBN 13 :
Total Pages : 998 pages
Book Rating : 4.:/5 (35 download)

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Book Synopsis Hearings, Reports and Prints of the Senate Committee on Banking, Housing and Urban Affairs by : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Download or read book Hearings, Reports and Prints of the Senate Committee on Banking, Housing and Urban Affairs written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1973 with total page 998 pages. Available in PDF, EPUB and Kindle. Book excerpt: