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Estimation of the Causes of Subprime Mortgage Crisis

 

Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description
 

In light of the recent mortgage crisis, identifying the origins is crucial to prevent such a crisis from reoccurring in the future. This paper primarily links foreclosure to subprime loan expansion. To that end, more than one and half million subprime loans originated between 2006 and 2007 across top metropolitan statistical area in the United States are analyzed. First, this research shows evidence that subprime loans played a significant role in the deterioration of the real-estate market. Second, it demonstrates that other variables such as income and lending standards have contributed to the high default rate. Third, it confirms the fact that subprime loans originated for the purpose of refinancing have more impacts on foreclosure. The results obtained are all significant and consistent.

Product Specifications
SKU :COC37214
AuthorGrece Aoun
LanguageEnglish
BindingPaperback
Number of Pages52
Publishing Year2010-06-09T00:00:00.000
ISBN978-3838351780
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-31 00:00:00
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