03103nam 2200637 a 450 991080806580332120200520144314.00-8157-0399-697866124036821-282-40368-0(CKB)1000000000817538(EBL)472669(OCoLC)489260257(SSID)ssj0000341947(PQKBManifestationID)11242774(PQKBTitleCode)TC0000341947(PQKBWorkID)10396793(PQKB)10752068(MiAaPQ)EBC472669(MdBmJHUP)muse12742(Au-PeEL)EBL472669(CaPaEBR)ebr10338480(CaONFJC)MIL240368(EXLCZ)99100000000081753820090625d2009 uy 0engur|n|---|||||txtccrPrudent lending restored securitization after the mortgage meltdown /Yasuyuki Fuchita, Richard J. Herring, Robert E. Litan, editors1st ed.Tokyo Nomura Institute of Capital Markets Research ;Washington, D.C. Brookings Institution Pressc20091 online resource (337 p.)Description based upon print version of record.0-8157-0336-8 Includes bibliographical references and index.Preface -- 1. The future of securitization : an introduction / Yasuyuki Fuchita, Richard J. Herring, and Robert E. Litan -- 2. Financial turmoil and central bank responses in the United States, United Kingdom, European Union, and Japan / Robert A. Eisenbeis -- 3. Structuring for leverage : CPDOs, SIVs, and ARSs / Joseph R. Mason -- 4. The future of securitization / Gunter Franke and Jan P. Krahnen -- 5. Legal and economic issues in litigation arising from the 2007-08 credit crisis / Jennifer E. Bethel, Allen Ferrell, and Gang Hu -- 6. Mortgage payment insurance and the future of the housing finance system / Jack Guttentag and Igor Roitburg -- 7. The development and future of securitization in Asia / Eiichi Sekine, Kei Kodachi, and Tetsuya Kamiyama."Examining growth of complex securitized structures in U.S. and world markets, provides a timeline of key events, proposing explanations for the resulting financial crisis. Offers suggestions on securitization reform, including a solution to insure the mortgage market against default risk. Provides strategies to increase transparency and encourage more prudent lending"--Provided by publisher.Asset-backed financingMortgage loansFinancial crisesAsset-backed financing.Mortgage loans.Financial crises.332.63/27Fuchita Yasuyuki1958-1637610Herring Richard111099Litan Robert E.1950-127486MiAaPQMiAaPQMiAaPQBOOK9910808065803321Prudent lending restored4075020UNINA