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| 001 | 197300 | ||
| 003 | IT-RoAPU | ||
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| 008 | 240426t20112011nyu fo d z eng d | ||
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| 019 | _a(OCoLC)1029831788 | ||
| 019 | _a(OCoLC)1032695119 | ||
| 019 | _a(OCoLC)1037982702 | ||
| 019 | _a(OCoLC)1041998635 | ||
| 019 | _a(OCoLC)1046605923 | ||
| 019 | _a(OCoLC)1047002862 | ||
| 019 | _a(OCoLC)1049623833 | ||
| 019 | _a(OCoLC)1054881700 | ||
| 019 | _a(OCoLC)979747744 | ||
| 020 |
_a9780801458828 _qPDF |
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| 024 | 7 |
_a10.7591/9780801458828 _2doi |
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| 035 | _a(DE-B1597)9780801458828 | ||
| 035 | _a(DE-B1597)478636 | ||
| 035 | _a(OCoLC)615337854 | ||
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_aDE-B1597 _beng _cDE-B1597 _erda |
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| 072 | 7 |
_aSOC026030 _2bisacsh |
|
| 082 | 0 | 4 |
_a332.1/753 _222 |
| 084 | _aonline - DeGruyter | ||
| 100 | 1 |
_aImmergluck, Daniel _eautore |
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| 245 | 1 | 0 |
_aForeclosed : _bHigh-Risk Lending, Deregulation, and the Undermining of America's Mortgage Market / _cDaniel Immergluck. |
| 264 | 1 |
_aIthaca, NY : _bCornell University Press, _c[2011] |
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| 264 | 4 | _c©2011 | |
| 300 |
_a1 online resource (280 p.) : _b28 charts/graphs |
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| 336 |
_atext _btxt _2rdacontent |
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| 337 |
_acomputer _bc _2rdamedia |
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| 338 |
_aonline resource _bcr _2rdacarrier |
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| 347 |
_atext file _bPDF _2rda |
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| 505 | 0 | 0 |
_tFrontmatter -- _tContents -- _tList of Figures -- _tPreface -- _tHousing Finance, Ideology, and the Rise of High-Risk Mortgage Markets -- _t1. U.S. Mortgage Market Development and Federal Policy to the Early 1990s -- _t2. Mortgage Market Disparities and the Dual Regulatory System in the Twentieth Century -- _t3. The High-Risk Revolution -- _t4. Mortgage Market Breakdown -- _t5. The Economic and Social Costs of High-Risk Mortgage Lending -- _t6. High-Risk Lending and Public Policy, 1995–2008 -- _tPolicies for Fair, Affordable, and Sustainable Mortgage Markets -- _tReferences -- _tIndex -- _tAuthor Biography |
| 506 | 0 |
_arestricted access _uhttp://purl.org/coar/access_right/c_16ec _fonline access with authorization _2star |
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| 520 | _aOver 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. | ||
| 538 | _aMode of access: Internet via World Wide Web. | ||
| 546 | _aIn English. | ||
| 588 | 0 | _aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 26. Apr 2024) | |
| 650 | 4 | _aGeneral Economics. | |
| 650 | 4 | _aPolitical Science & Political History. | |
| 650 | 7 |
_aSOCIAL SCIENCE / Sociology / Urban. _2bisacsh |
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| 850 | _aIT-RoAPU | ||
| 856 | 4 | 0 | _uhttps://doi.org/10.7591/9780801458828 |
| 856 | 4 | 0 | _uhttps://www.degruyter.com/isbn/9780801458828 |
| 856 | 4 | 2 |
_3Cover _uhttps://www.degruyter.com/document/cover/isbn/9780801458828/original |
| 942 | _cEB | ||
| 999 |
_c197300 _d197300 |
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