Subprime Cities - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Subprime Cities write by Manuel B. Aalbers. This book was released on 2012-01-19. Subprime Cities available in PDF, EPUB and Kindle. Subprime Cities: The Political Economy of Mortgage Markets presents a collection of works from social scientists that offer insights into mortgage markets and the causes, effects, and aftermath of the recent 'subprime' mortgage crisis. Provides an even-handed and detailed analysis of mortgage markets and the recent housing crisis Features contributions from various social scientists with expertise in critical social theories who have assembled and analyzed detailed empirical information Offers a unique and powerful rebuttal to many of the misleading popular explanations of the crisis and its aftermath Reveals how racial minorities and the neighbourhoods inhabited by them are more likely to be targeted by subprime and predatory lenders
Subprime Cities
Subprime Cities - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Subprime Cities write by Manuel B. Aalbers. This book was released on 2012-04-16. Subprime Cities available in PDF, EPUB and Kindle. Subprime Cities: The Political Economy of Mortgage Markets presents a collection of works from social scientists that offer insights into mortgage markets and the causes, effects, and aftermath of the recent 'subprime' mortgage crisis. Provides an even-handed and detailed analysis of mortgage markets and the recent housing crisis Features contributions from various social scientists with expertise in critical social theories who have assembled and analyzed detailed empirical information Offers a unique and powerful rebuttal to many of the misleading popular explanations of the crisis and its aftermath Reveals how racial minorities and the neighbourhoods inhabited by them are more likely to be targeted by subprime and predatory lenders
Subprime Mortgage Lending in New York City
Subprime Mortgage Lending in New York City - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Subprime Mortgage Lending in New York City write by Ebiere Okah. This book was released on 2010-08. Subprime Mortgage Lending in New York City available in PDF, EPUB and Kindle. Subprime mortgage lending expanded in New York City between 2004 and mid-2007, and delinquencies on these subprime loans have been rising sharply. The authors describe the main features of this lending and model the performance of these loans. These subprime loans are found to be clustered in neighborhoods where average borrower credit quality is low and, unlike prime mortgage loans, where African-Americans and Hispanics constitute relatively large shares of the population. The authors estimate a model of the likelihood that these loans will become seriously delinquent and find a significant role for credit quality of borrowers, debt-to-income and loan-to-value ratios at the time of loan origination, and estimates of the loss of home equity. Illus.
Subprime Mortgages
Subprime Mortgages - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Subprime Mortgages write by Edward M. Gramlich. This book was released on 2007. Subprime Mortgages available in PDF, EPUB and Kindle. Over the past decade, a new mortgage market offering loans at low interest rates and for little or no money down has given low-income people an opportunity to pursue the American dream of homeownership. The resulting wave in home buying promised to stabilize neighborhoods and families, boost the economy, and reduce crime. In many ways, the optimists were correct, but now, less than fifteen years later, the subprime mortgage market is collapsing, threatening to take the rest of the housing sector along with it.Subprime Mortgages: America's Latest Boom and Bust analyzes how the subprime market emerged, why it is in crisis, and how we can reform public policy to avert disaster. An attendant examination of the rental market also offers recommendations for shoring up what may be the best housing option for some families.
Do Subprime Loans Create Subprime Cities? Surging Inequality and the Rise in Predatory Lending
Do Subprime Loans Create Subprime Cities? Surging Inequality and the Rise in Predatory Lending - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Do Subprime Loans Create Subprime Cities? Surging Inequality and the Rise in Predatory Lending write by . This book was released on 2008. Do Subprime Loans Create Subprime Cities? Surging Inequality and the Rise in Predatory Lending available in PDF, EPUB and Kindle. The rise in subprime and predatory lending has put many families and neighborhoods in financial jeopardy as default and foreclosure rates skyrocket, particularly in minority and low-income areas. Reform of predatory lending practices is a necessary first step, but a comprehensive approach must take into account the connections between the evolution of financial services and rising inequality, particularly as they affect mortgage lending in the United States. Ameliorating inequities in the provision of financial services is unlikely without addressing the structural sources of inequality. Public policies and private practices have shaped the uneven development of metropolitan areas, and alternative policies and practices can ameliorate those patterns.
