Includes bibliographical references (pages 363-392) and index.
Contents:
Introduction -- The difference between prime and nontraditional mortgages -- The Financial Crisis Inquiry Commission report and other explanations of the crisis -- A short history of housing finance in the U.S. -- HUD's central role -- The decline in underwriting standards -- Force fed -- Going viral -- The great housing price bubble -- Flying blind into a storm -- 31 million nontraditional mortgages precipitated a crisis -- Fair-value accounting scales up the crisis -- From bad to worse -- The false narrative and the future.
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