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The Rise and Fall of the U.S. Mortgage and Credit Markets: A Comprehensive Analysis of the Meltdown
James R. Barth, Tong Li, Wenling Lu, Triphon Phumiwasana
and Glenn Yago
January
16, 2009
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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, published by John Wiley & Sons (May 2009).
Click here for details on the full book version, which is available from Amazon
and Barnes
and Noble.
The Milken Institute has tracked bailout allocations and obligations, as shown below (updated as of March 20, 2009). Click through for more details on each program.
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