Prudent Lending Restored

Name: Prudent Lending Restored: Securitization After the Mortgage Meltdown
Brand: Brookings Institution Press
SKU: 9780815703365
Price: 3958.00 INR
Availability: InStock

Securitization After the Mortgage Meltdown

by Yasuyuki Fuchita, Richard J. Herring, Robert E. Litan

Brookings Institution Press

₹3,958

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From the publisher

There is little dispute that the mortgage meltdown of 2007, created by irresponsible lending and lax oversight, helped lead to the global financial crisis. Why were these securities backed by subprime debt so desirable to so many seemingly sophisticated investors?

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