The Mortgage Finance Bubble: Causes and Corrections
Patric Hendershott,
Robert Hendershott and
James Shilling
Journal of Housing Research, 2010, vol. 19, issue 1, 1-16
Abstract:
This paper describes the development of a mortgage bubble in the last dozen years. The behavior of the Government Sponsored Enterprises (Fannie Mae and Freddie Mac) and the private-label securitization of "junk" loans are emphasized. A summary includes some thoughts on moving forward.
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rjrhxx:v:19:y:2010:i:1:p:1-16
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DOI: 10.1080/10835547.2010.12092017
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