Prudent Lending Restored: Securitization after the Mortgage Meltdown. 2009.

摘要

Prudent Lending Restored is an excellent resource for anyone seeking an in-depth analysis of the 2007 global mortgage meltdown and the future of the securitization industry. It is an anthology of well-written, rigorously argued academic papers presented at a 2008 conference dedicated to the future of securitization. The book covers a fascinating range of topics, but the first three papers are the most important. Collectively, they explain the major causes of the crash and suggest sensible reforms.