Misaligned incentives and mortgage lending in Asia

• المؤلفون الرئيسيون: GREEN, Richard, MARIANO, Roberto, PAVLOV, Andrey, WACHTER, Susan
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2009
• الموضوعات: Asian Studies; Finance; Macroeconomics
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soe_research/2252

This chapter provides a conceptual basis for the price discovery potential for tradable market instruments and specifically the development of mortgage securitization in Asia. We argue that securitization in Asia may be potentially important because it may help bring transparency to the financial sect...