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Mortgages - Policies, Proposals & Trends (Hardcover)
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Mortgages - Policies, Proposals & Trends (Hardcover)
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Congressional interest in residential mortgage markets has
increased following the collapse of the housing bubble, government
financial support to the mortgage market, and housing's perceived
importance to the broader economic recovery. Since 2008, the
residential mortgage market has experienced some of the highest
default and foreclosure rates since the Great Depression. This book
provides an overview of the changing residential mortgage market,
focusing on trends in housing prices, home-ownership, mortgage
characteristics, and financing. It also examines legislation and
regulations designed to promote the efficient functioning of the
mortgage market.
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