securitization after the mortgage meltdown Fuchita, Yasuyuki 1958- Herring, Richard. Litan, Robert E. 1950- ebrary, Inc text bibliography Electronic books. ja Tokyo Washington, D.C Nomura Institute of Capital Markets Research Brookings Institution Press c2009 2009 monographic eng

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viii, 326 p. : ill. ; 23 cm. "Examining growth of complex securitized structures in U.S. and world markets, provides a timeline of key events, proposing explanations for the resulting financial crisis. Offers suggestions on securitization reform, including a solution to insure the mortgage market against default risk. Provides strategies to increase transparency and encourage more prudent lending"--Provided by publisher. Preface -- 1. The future of securitization : an introduction / Yasuyuki Fuchita, Richard J. Herring, and Robert E. Litan -- 2. Financial turmoil and central bank responses in the United States, United Kingdom, European Union, and Japan / Robert A. Eisenbeis -- 3. Structuring for leverage : CPDOs, SIVs, and ARSs / Joseph R. Mason -- 4. The future of securitization / G�unter Franke and Jan P. Krahnen -- 5. Legal and economic issues in litigation arising from the 2007-08 credit crisis / Jennifer E. Bethel, Allen Ferrell, and Gang Hu -- 6. Mortgage payment insurance and the future of the housing finance system / Jack Guttentag and Igor Roitburg -- 7. The development and future of securitization in Asia / Eiichi Sekine, Kei Kodachi, and Tetsuya Kamiyama. Yasuyuki Fuchita, Richard J. Herring, Robert E. Litan, editors. Includes bibliographical references and index. Electronic reproduction. Palo Alto, Calif. : ebrary, 2009. Available via World Wide Web. Access may be limited to ebrary affiliated libraries. Asset-backed financing Mortgage loans Financial crises HG4028.A84 P78 2009eb 332.63/27 http://site.ebrary.com/lib/rucke/Doc?id=10338480 http://site.ebrary.com/lib/rucke/Doc?id=10338480 CaPaEBR 090625 ebr10338480