Alternative Lending Channels and the Crisis in U.S. Housing Markets

To what degree has the development of alternative mortgage funding channels promoted the recent boom and bust in U.S. housing markets? Past research examined whether Alt‐A and subprime market shares are correlated with the housing bubble. This article expands the analysis to include the share of spe...

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Veröffentlicht in:Real estate economics 2012-12, Vol.40 (s1), p.S8-S31
Hauptverfasser: Berkovec, Jim, Chang, Yan, McManus, Douglas A.
Format: Artikel
Sprache:eng
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