Time To Stop Betting The House: Mortgages, Resilience & The Long Finance
Mortgages, Resilience & The Long Finance - Long Finance (2010)
42 Pages Posted: 7 Oct 2020
Date Written: March 01, 2010
"Time To Stop Betting The House" pulls together the story of the role of mortgages in the financial crisis of 2007/2008. It analyses the situation and presents us with two clear, as well as two quite different, regulatory visions for a more resilient mortgage market. The Edited Choice vision offers borrowers a limited menu of mortgage options, while the Melt the Glue vision aims to create resilience from the ground up. Neither vision is exclusive; both are worthy of discussion and debate.
Keywords: Mortgage, Mortgage Market, Financial Crisis, Resilience
JEL Classification: G00, G01
Suggested Citation: Suggested Citation