Foreclosed: High-Risk Lending, Deregulation, and the Undermining of America's Mortgage Market

by Dan Immergluck

Book Overview

Over 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...

• Format: Hardcover
• Language: English
• ISBN: 0801447720
• ISBN13: 9780801447723
• Release Date: April 2009
• Publisher: Cornell University Press
• Length: 280 Pages
• Weight: 1.30 lbs.
• Dimensions: 0.9" x 6.3" x 9.4"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher