Chapters in this book

1. Frontmatter i
2. Contents v
3. Introduction 1
4. PART I. Crisis: Origins and Solutions
5. Chapter 1 The Secondary Market for Housing Finance in the United States: A Brief Overview 7
6. Chapter 2 Reasonable People Did Disagree: Optimism and Pessimism About the U.S. Housing Market Before the Crash 26
7. Chapter 3 Exploring the Determinants of High-Cost Mortgages to Homeowners in Low- and Moderate-Income Neighborhoods 60
8. Chapter 4 Implications of the Housing Market Bubble for Sustainable Homeownership 87
9. Chapter 5 A Framework for Consumer Protection in Home Mortgage Lending 112
10. PART II. Community Impact
11. Chapter 6 A Profile of the Mortgage Crisis in a Low- and Moderate-Income Community 137
12. Chapter 7 Constructive Credit: Revisiting the Performance of Community Reinvestment Act Lending During the Subprime Crisis 159
13. Chapter 8 Navigating the Housing Downturn and Financial Crisis: Home Appreciation and Equity Accumulation Among Community Reinvestment Homeowners 187
14. Chapter 9 The Community Reinvestment Act: Evaluating Past Performance and Reviewing Options for Reform 209
15. PART III. Reforming the Financial Architecture
16. Chapter 1 0 Information Failure and the U.S. Mortgage Crisis 243
17. Chapter 11 The Expanding Financial Safety Net: The Dodd-Frank Act as an Exercise in Denial and Cover-Up 271
18. Chapter 12 A Private Lender Cooperative Model for Residential Mortgage Finance 286
19. Chapter 13 Improving U.S. Housing Finance Through Reform of Fannie Mae and Freddie Mac: A Framework for Evaluating Alternatives 305
20. Chapter 1 4 Some Thoughts on What to Do with Fannie Mae and Freddie Mac 339
21. Chapter 15 The Road Not Taken: Our Failure in Redoing the Financial Architecture 358
22. Contributors 369
23. Index 377
24. Acknowledgments 391