Topic
Securitisation
464 published works
Land Use Prof Blog
The Mess Just Keeps Getting Messier…
This Boston Herald article demonstrates how the housing mess continues to result in unintended consequences:A real estate judge is refusing to reverse a landmark ruling that opens the door to…
Securities Law Prof Blog
Booth on the Causes of the 2008 Credit Crisis
Things Happen, by Richard A. Booth, Villanova University School of Law, was recently posted on SSRN. Here is the abstract:In this essay, I consider various theories about the cause the…
The D&O Diary
Gatekeeper Case Against Securitization Attorneys Survives Dismissal Motion:
In an earlier post (here) in which I raised the question whether lawyers would find themselves the targets of gatekeeper blame from the subprime meltdown, I discussed a malpractice action…
Securities Law Prof Blog
McCoy et alia on Securitization
Systemic Risk through Securitization: The Result of Deregulation and Regulatory Failure, Patricia A. McCoy, University of Connecticut - School of Law, Andrey D. Pavlov, University of Pennsylvania - Real Estate…
Securities Law Prof Blog
Schwarcz on Securitization
The Future of Securitization, by Steven L. Schwarcz, Duke University - School of Law, was recently posted on SSRN. Here is the abstract:This essay examines the future viability of securitization…
Securities Law Prof Blog
Macey, O’Hara & Rosenberg on Subprime Mortgage Brokers
Helping Law Catch Up to Markets: Applying Broker-Dealer Law to Subprime Mortgages, by Jonathan R. Macey, Yale Law School; Maureen O'Hara, Cornell University - Samuel Curtis Johnson Graduate School of…
Securities Law Prof Blog
Bernanke on Mortgage Finance
Chairman Ben S. Bernanke, Federal Reserve Board, spoke today at the UC Berkeley/UCLA Symposium: The Mortgage Meltdown, the Economy, and Public Policy, on The Future of Mortgage Finance in the…
The Contingency
Texas Two-Step for Calming Credit Crisis
"The best effect is created when dancers achieve a smooth gliding motion in time to the music." Blawgletter offers a two-part plan for ending the beginning of the credit market…
The Right Coast
More Government Induced CrisisMike Rappaport
Arnold Kling, who has taught me more about this crisis than anyone else, writes: An FDIC documenton the risk weights of different bank assets. The higher the weight,the more capital…
The Right Coast
How did we get securitization?Mike Rappaport
Arnold Kling explains how we got to a world with mortgage securitization. While some people believe that it simply involved modern financial techniques applied to mortgages, Kling (who used to…