CM became a popular borrowing instrument during the bullish housing market of the early 2000s but vanished rapidly during the subsequent downturn. These non-tra

Provides an overview of the subprime mortgage securitization process and the seven key informational frictions that arise. Discusses the ways that market partic

Did you know that over 50% of mortgages don't close? Do you know how much home you can buy? Do you know how much paperwork in involved? Most people don't know h

The mortgage meltdown: what went wrong and how do we fix it? Owning a home can bestow a sense of security and independence. But today, in a cruel twist, many Am

The Routledge Handbook of Housing Economics brings together an international panel of contributors to present a comprehensive overview of this important field w