Ameliorating Local Impacts with Architectural Research: Subprime Mortgages & Housing Quality
Shock waves from the current housing crisis that still echo through Wall Street’s largest financial firms, not only have threatened to topple financial markets and drive the country into a depression, but have also undermined the all-time high home ...
Lynne M. Dearborn
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Being Naked - et Quo hinc?: Developing a ‘Skin-in-the-Game’ Solution for Credit Default Swaps
A credit default swap (CDS) is a derivative financial instrument that provides insurance against credit risk. CDSs on subprime Asset Backed Securities (ABSs) paved the way for securitizers to hedge the credit risk of the underlying subprime loans during ...
Shanuka Senarath +4 more
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Did Bank Capital Regulation Exacerbate the Subprime Mortgage Crisis?
This contribution is the second in a series of papers on discrete-time modeling of bank capital regulation and its connection with the subprime mortgage crisis (SMC). The latter was caused by, amongst other things, the downturn in the U.S. housing market,
M. A. Petersen +4 more
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Portraying the global financial crisis: Myth, aesthetics, and the city
From 2007 until today an intricate set of events has been unsettling the global financial markets. The naming of these incidents has been multifold, varying between a general rhetoric of economic downturn (‘crash’, ‘crunch’, ‘meltdown’, ‘hangover’) and ...
Miriam Meissner
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Subprime Babies: The Foreclosure Crisis and Initial Health Endowments
The subprime mortgage crisis was a devastating financial shock for many homeowners. This research uses a probabilistic matching strategy to link foreclosure records with birth certificate records from 2006 to 2010 in California to identify birth parents ...
Janelle Downing, Tim Bruckner
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Long range dependency and forecasting of housing price index and mortgage market rate: evidence of subprime crisis [PDF]
In this paper, we examine and forecast the House Price Index (HPI) and mortgage market rate in terms of the description of the subprime crisis. We use a semi-parametric local polynomial Whittle estimator proposed by Shimotsu et al. (2005) [Shimotsu, K., &
Nadhem Selmi, Nejib Hachicha
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The Role of Mortgage Brokers in the Subprime Crisis [PDF]
We study the role of mortgage brokers in the subprime crisis using a detailed sample of loans originated by, formerly, one of the largest subprime loan originators, New Century Financial Corporation. Prior to the subprime crisis, mortgage brokerage firms originated about 65% of all subprime mortgages and yet little is known about their behavior and ...
Antje Berndt +2 more
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A Primer on Regulations and the Practice of Residential Property Appraisal
This paper presents a chronology, beginning in the early 1900s, of the regulatory environment faced by residential real estate appraisers in the United States.
Owiti A. K'Akumu, James E. Larsen
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Geneza kryzysu hipotecznego w USA z perspektywy dekady
Kryzys finansowy, który rozpoczął się w 2007 r. w USA, zwany jest również kryzysem hipotecznym lub kryzysem subprime (subprime mortgage crisis). Nosił on znamiona tzw. kryzysu kredytowego.
Hanna Kołodziejczyk
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How Does the Global Economy Crisis Influence in Managing Investment in Indonesia
July 2007 is the beginning of the world’s subprime mortgage crisis. Since then, the world’s liquidity crisis occurred and never found any solution until now. The liquidity crisis began to spread from developed countries to poor countries, developing
Enggal Sriwardiningsih
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