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The Market for Home Mortgage Credit: Recent Changes and Future Prospects / Patric H. Hendershott.
- Format:
- Book
- Author/Creator:
- Hendershott, Patric H.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w3548.
- NBER working paper series no. w3548
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- The Market for Home Mortgage Credit
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1990.
- Summary:
- Three major changes occurred during the 1980s in the market for home mortgage credit; the securitization of fixed-rate mortgages, the development of a national primary market for adjustable-rate mortgages, and the decimation of the saving and loan industry. These changes and their impacts on various financial industries and homebuyers are the subjects of this paper. I also briefly speculate about likely future changes in this market.
- Notes:
- Print version record
- December 1990.
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