1.

Record Nr.

UNINA9910967549703321

Autore

Calomiris Charles W

Titolo

High loan-to-value mortgage lending : problem or cure? / / Charles W. Calomiris, Joseph R. Mason

Pubbl/distr/stampa

Washington, D.C., : AEI Press, 1999

Descrizione fisica

1 online resource (82 p.)

Collana

AEI studies on financial market deregulation

Altri autori (Persone)

MasonJoseph R

Disciplina

332.7/22

Soggetti

Mortgage loans - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references (p. 69-74).

Nota di contenuto

Intro -- Contents -- Foreword -- 1 Introduction -- 2 The Evolution of HLTV Lending -- 3 The Relationship between HLTV and Subprime Lending -- 4 A Profile of the Industry -- 5 Risk and the Social Costs and Benefits of HLTV Lending -- 6 HLTV Lending, Personal Bankruptcy, and Cram- Down -- 7 Conclusions -- References -- About the Authors.

Sommario/riassunto

The authors weigh the functions of this industry, its practices and policies, and the changing nature of the consumer finance marketplace to determine whether limiting such lending would serve the public interest.