The American Housing Crisis

by Susan C. Hunnicutt

Overview

Greenhaven Press's At Issue series provides a wide range of opinions on individual social issues. Each volume focuses on a specific issue and offers a variety of perspectives-eyewitness accounts, governmental views, scientific analysis, newspaper and magazine accounts, and many more-to illuminate the issue. Extensive bibliographies and annotated lists of relevant organizations point to sources for further research. Enhancing critical thinking skills, each At Issue volume is an excellent research tool to help readers understand current social issues and prepare reports.

Product Details

ISBN-13:	9780737743104
Publisher:	Greenhaven Publishing
Publication date:	02/27/2009
Series:	At Issue Series: American Politics
Pages:	128
Product dimensions:	6.20(w) x 9.10(h) x 0.50(d)
Age Range:	15 - 17 Years

Table of Contents

Introduction 7

1 Understanding the Subprime Crisis Path to Investing 10

2 The Subprime Mortgage Crisis Is Destroying Homes and Neighborhoods Jeff Swicord 21

3 Disregard for Applicants' Incomes Contributed to the Subprime Problem Gretchen Morgenson 28

4 Wall Street Created the Subprime Problem Paul Muolo 33

5 Washington Is Responsible for the Subprime Crisis John Atlas Peter Dreier 38

6 The Federal Reserve Board Is Responsible for the Subprime Crisis Tito Boeri Luigi Guiso 44

7 The Federal Reserve Board Is Not Responsible for the Subprime Crisis Irwin M. Stelzer 49

8 Racial Discrimination May Be an Issue in the Subprime Crisis Algernon Austin 54

9 Many Working Americans Cannot Afford a Home Michael Grunwald 58

10 The Government Should Focus on Families That Have Lost Their Homes Paul Weinstein Jr. 66

11 The Government Should Print More Money to Free Up Funds for Lending John H. Makin 76

12 The Lending Industry Should Be Regulated to Protect Consumers Neal Peirce 81

13 Smarter Buyers and Tougher Lending Standards Are Needed Hans L. Schwendimann 85

14 The Government Should Not Bail Out Problem Mortgages David C. John 92

15 Lenders Should Not Be Allowed to Charge More for Mortgages in Poor Areas Mary Kane 97

Organizations to Contact 105

Bibliography 109

Index 116