The Rise and Fall of the U.S. Mortgage and Credit Markets: A Comprehensive Analysis of the Meltdown (An Excerpt)
THE RISE AND FALL OF THE U.S. MORTGAGE AND CREDIT MARKETS: A COMPREHENSIVE ANALYSIS OF THE MELTDOWN, John Wiley and Sons, April 2009
Posted: 27 Feb 2009 Last revised: 13 Mar 2009
Date Written: January 29, 2009
With the door closed on 2008, but the economic crisis still firmly planted on 2009's stoop, the Milken Institute has closely examined the root causes behind the buildup and collapse of the mortgage market.
This report is a brief preview of the extensive data collection and in-depth analysis conducted by Milken Institute economists on the mortgage meltdown and the ensuing financial crisis. It provides insight and information that breaks through the rhetoric and attention-grabbing headlines, along with policy recommendations for moving forward.
The download available here is an excerpt from The Rise and Fall of the U.S. Mortgage and Credit Markets: A Comprehensive Analysis of the Meltdown, available from John Wiley & Sons in May 2009.
Keywords: Subprime, Mortgage, Credit market, Financial crisis
JEL Classification: E6
Suggested Citation: Suggested Citation