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Subprime Markets, the Role of GSEs, & Risk-Based Pricing
Subprime Markets, the Role of GSEs, & Risk-Based Pricing
 
Our Price: $20.00
Year: 2002
Pages: 53
Binding Paperback

Product Code: 0756727340

Description
 
Kenneth Temkin, Jennifer E. Johnson, & Diane Levy. Presents the ideas & opinions of many subprime mortgage market participants observers on subprime borrowers, their default experience, & subprime lenders’ underwriting practices. Representatives of lenders, trade associations, Fannie Mae & Freddie Mac, rating agencies & other market experts talked with the authors about the complex issues related to a larger GSE role in the subprime market. Chapters: what is subprime lending & who does it serve?; a brief history of subprime lending; underwriting & pricing practices; the GSEs & subprime lending: current & future roles; automated underwriting & risk-based pricing; automated underwriting systems in today’s lending environment; & policy issues & recommendations.

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