Mortgages and Foreclosures
- The Great American Housing Bubble: What Went Wrong and How We Can Protect Ourselves in the Future
- Adam Jeremiah Levitin and Susan M. Wachter. Cambridge, Mass., Harvard University Press, 2020.
- "The American housing bubble of the 2000s caused the worst global financial crisis since the Great Depression. In this definitive account, Adam Levitin and Susan Wachter pinpoint its source: the shift in mortgage financing from securitization by Fannie Mae and Freddie Mac to "private-label securitization" by Wall Street banks. " Rutgers-restricted Access
- The Great American Housing Bubble: The Road to Collapse
- Robert M. Hardaway. Santa Barbara, Calif., Praeger, 2011.
- Looks to blame the crisis on five distinct causes. Rutgers-restricted Access
- The Financial Crisis Inquiry Report
- National Commission on the Causes of the Financial and Economic Crisis in the United States. Washington, DC., 2011.
- Results of the investigation into causes of the financial crisis, including the role of collapsing mortgage-lending standards.
- Responding to a Crisis: The National Foreclosure Mitigation Counseling Program, 2008-2018
- Corianne Payton Scally, et. al. Urban Institute, February 13, 2019.
- "Between 2008–18, the National Foreclosure Mitigation Counseling (NFMC) program helped homeowners in need by substantially boosting the nation’s capacity for foreclosure counseling."
- Estimating the Effect of Mortgage Foreclosures on Nearby Property Values: A Critical Review of the Literature.
- W. Scott Frame. June 2010
- Comparing Patterns of Default Among Prime and Subprime Mortgages
- Gene Amromin and Anna L. Paulson. Federal Reserve Bank of Chicago. Economic Perspectives 2Q/2009, pp. 18-37.
- The Subprime Lending Crisis: The Economic Impact on Wealth, Property Values and Tax Revenues, and How We Got Here. October 2007.
- Report and Recommendations by the Majority Staff of the Joint Economic Committee.
- The Housing Crisis and What is Means for State and Local Governments
- Audio of a panel discussion sponsored by the Tax Policy Center and the Lincoln Institute of Land Policy held at the Urban Institute on March 12, 2008.
- What the Housing Crisis Means for State and Local Governments
- Tax Policy Center 2010 Report, by Kim S. Rueben and Serena Lei
- Defaulting on the Dream: States Respond to America's Foreclosure Crisis
- Pew Charitable Trusts report. April 2008.
- Subprime Outcomes: Risky Mortgages, Homeownership Experiences, and Foreclosures
- Kristopher Gerardi, Adam Hale Shapiro, and Paul S. Willen. Federal Reserve Bank of Boston Working Papers no.07-15. December 3, 2007.
- Racial Segregation and the American Foreclosure Crisis
- Jacob S. Rugh and Douglas S. Massey. American Sociological Review 75(5), October 2010, pp. 629-651.
- "We argue that residential segregation created a unique niche of minority clients who were differentially marketed risky subprime loans that were in great demand for use in mortgage-backed securities that could be sold on secondary markets. Rutgers-restricted Access
- The Municipal Cost of Foreclosures: A Chicago Case Study
- William C. Apgar. A report prepared for the Homeownership Preservation Foundation. February 27, 2005.
- Neighborhood Effects of Concentrated Mortgage Foreclosures
- Jenny Schuetz, Vicki Been, and Ingrid Gould Ellen. Furman Center for Real Estate & Urban Policy. Working Paper 08-03. October 1, 2008.
- Mortgage Market Channels and Fair Lending: An Analysis of HMDA Data
- William Apgar, Amal Bendimerad, and Ren S. Essene. Harvard University, Joint Center for Housing Studies, April 25, 2007.
- Using the 2004 Home Mortgage Disclosure Act (HMDA) data, this paper "seeks to better understand the rapid growth of subprime lending, the organization of U.S. capital markets, and the many distinct mortgage channels that link mortgage investors with mortgage borrowers."
- Information on Recent Default and Foreclosure Trends for Home Mortgage and Associated Economic and Market Developments.
- David G. Wood. Washington, DC, U.S. Government Accountability Office, 2007.
- The Impact of Federal Preemption of State Antipredatory Lending Laws on the Foreclosure Crisis
- Lei Ding, Roberto G. Quercia, Carolina K. Reid, and Alan M. White. Journal of Policy Analysis and Management 31(2), 2012, pp.367-387. Rutgers-restricted Access
- Bostic, Raphael W. et.al. " State and Local Anti-Predatory Lending Laws: The Effect of Legal Enforcement Mechanisms," Journal of Economics and Business 60 (1-2), January-February 2008, pp. 47-66. Rutgers-restricted access
- The Impact of State Anti-Predatory Lending Laws: Policy Implications and Insights
- Raphael W. Bostic et.al. February 2008.
- Reforming the Law of Adhesion Contracts: A Judicial Response to the Subprime Mortgage Crisis
- Shelley Smith. Draft, August 17, 2009
- Mills, Edwin S. "Urban Land-Use Controls and the Subprime Mortgage Crisis" Independent Review 13, Spring 2009, pp. 559-565.
- "Mortgage Foreclosure Prevention Efforts."
- Kristopher Gerardi and Wenli Li. Federal Reserve Bank of America Economic Review 95(2), 2010.
- Includes a literature review
The Crisis in New Jersey
- Regional Mortgage Conditions
- Percentage of delinquent mortgages, New York and New Jersey by county, 2007-.2013.
- New Jersey Mortgage Conditions
- New Jersey Association of Realtors. April 2008.
- New Jersey Foreclosure Fairness Act
- P.L. 2009, CHAPTER 296, approved January 17, 2010.
- New Jersey. Legislature. General Assembly. Financial Institutions and Insurance Committee. Public Hearing: Testimony on the Subprime Lending Crisis. Trenton, N.J., April 19, 2007.
- Shadowed by the Shadow Inventory: A Newark, New Jersey Case Study of Stalled Foreclosures & Their Consequences
- Linda Fisher. Seton Hall Public Law Research Paper no. 2284481. June 24, 2013. "This empirical project tests the extent to which bank stalling has contributed to foreclosure delays and property vacancies in Newark, New Jersey."
- Post-Industrial Widgets: Capital Flows and the Production of the Urban
- Kathe Newman, International Journal of Urban and Regional Research 33(2), 2009, pp. 314-331.
- "I suggest...that mortgage capital is the post-industrial widget, the emblematic product of the post-industrial economy. Capital accumulated by owners is extracted from urban communities and flows through brokers and lenders to investors and the subprime lending industry, linking global (and local) capital to place... I illustrate the impacts of national financial policy on urban places by examining mortgage foreclosures in Essex County, New Jersey and by talking with residents of one urban community in Newark, New Jersey." Rutgers-restricted Access
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"The New Economy and the City: Foreclosures in Essex County, New Jersey."
- Kathe Newman. IN Subprime Cities: The Polical Economy of Mortgage Markets. Manuel B. Aalbers. Chichester, Wiley-Blackwell, 2012, pp. 219-241. Rutgers-restricted Access
- "Geographies of Mortgage Market Segmentation: The Case of Essex County, New Jersey,"
- Newman, Kathe and Wyly, Elvin K. Housing Studies 19(1), January 2004, 53-83.
- Focusing on Newark and its surrounding suburbs, analyses the market penetration of subprime lending institutions, assesses the role of borrower characteristics, and analyses the patterns of mortgage 'pre-foreclosures.' Rutgers-restricted access
Librarian
Natalie Borisovets
Contact:
185 University Avenue
John Cotton Dana Library
Newark, N.J. 07102
John Cotton Dana Library
Newark, N.J. 07102
Subjects: American Studies, Communication, Criminal Justice, History - Global & Eurasian, History - North America, Journalism & Media Studies, Latin American & Caribbean Studies, Literatures in English, New Jerseyana, Political Science, Social Work, Spanish & Portuguese Studies, Women's & Gender Studies