Matches in SemOpenAlex for { <https://semopenalex.org/work/W68429622> ?p ?o ?g. }
Showing items 1 to 62 of
62
with 100 items per page.
- W68429622 abstract "Predatory lending is a real, pervasive, and destructive problem as demonstrated by record settlements, jury awards, media exposes, and a large body of empirical scholarship. Currently the national debate over predatory mortgage lending is shifting to the controversial question of who should bear liability for predatory lending practices. In today's subprime mortgage market, originators and brokers quickly assign home loans through a complex and opaque series of transactions involving as many as a dozen different strategically organized companies. Loans are typically transferred into large pools, and then income from those loans is structured to appeal to different types of investors. This process, usually referred to as securitization, can lower the cost of funds for lenders, allowing them to offer better prices. But, it can also capitalize fly-by-night companies that specialize in fraud, deceptive practices, abusive collections, and other predatory behavior. This article makes three intellectual contributions to this national debate: First, it argues that the current notion of predatory lending has been cast too narrowly. Some of the businesses that sponsor securitization of residential mortgage loans are aware of and capable of preventing mortgage predation. Accordingly, the label predatory structured finance is suggested as a necessary addendum to the lexicon of predatory lending. Second, this article tracks the evolution of structured finance of home loans, suggesting that as our financial technology has outpaced consumer protection law, it has effectively deregulated much of the consumer mortgage market. Third, this article argues that the reform strategy favored by many legislators and a growing number of scholars - assignee liability law - is only a partial solution. While a necessary component of the law, these rules are by themselves inadequate because they excuse many of the most culpable parties from accountability. An efficient legal response to predatory structured finance must include further development in an emerging trend of common law imputed liability theories." @default.
- W68429622 created "2016-06-24" @default.
- W68429622 creator A5053468209 @default.
- W68429622 date "2006-09-10" @default.
- W68429622 modified "2023-09-23" @default.
- W68429622 title "Predatory Structured Finance" @default.
- W68429622 hasPublicationYear "2006" @default.
- W68429622 type Work @default.
- W68429622 sameAs 68429622 @default.
- W68429622 citedByCount "5" @default.
- W68429622 countsByYear W684296222013 @default.
- W68429622 crossrefType "posted-content" @default.
- W68429622 hasAuthorship W68429622A5053468209 @default.
- W68429622 hasConcept C10138342 @default.
- W68429622 hasConcept C112846952 @default.
- W68429622 hasConcept C139719470 @default.
- W68429622 hasConcept C144133560 @default.
- W68429622 hasConcept C162324750 @default.
- W68429622 hasConcept C183582576 @default.
- W68429622 hasConcept C2778300220 @default.
- W68429622 hasConcept C2779242095 @default.
- W68429622 hasConcept C2780619108 @default.
- W68429622 hasConcept C2781127519 @default.
- W68429622 hasConcept C34447519 @default.
- W68429622 hasConcept C73283319 @default.
- W68429622 hasConceptScore W68429622C10138342 @default.
- W68429622 hasConceptScore W68429622C112846952 @default.
- W68429622 hasConceptScore W68429622C139719470 @default.
- W68429622 hasConceptScore W68429622C144133560 @default.
- W68429622 hasConceptScore W68429622C162324750 @default.
- W68429622 hasConceptScore W68429622C183582576 @default.
- W68429622 hasConceptScore W68429622C2778300220 @default.
- W68429622 hasConceptScore W68429622C2779242095 @default.
- W68429622 hasConceptScore W68429622C2780619108 @default.
- W68429622 hasConceptScore W68429622C2781127519 @default.
- W68429622 hasConceptScore W68429622C34447519 @default.
- W68429622 hasConceptScore W68429622C73283319 @default.
- W68429622 hasOpenAccess W68429622 @default.
- W68429622 hasRelatedWork W1523797576 @default.
- W68429622 hasRelatedWork W1550977293 @default.
- W68429622 hasRelatedWork W1571784113 @default.
- W68429622 hasRelatedWork W1619508483 @default.
- W68429622 hasRelatedWork W1853915543 @default.
- W68429622 hasRelatedWork W2017654030 @default.
- W68429622 hasRelatedWork W2095851940 @default.
- W68429622 hasRelatedWork W2148982824 @default.
- W68429622 hasRelatedWork W254674351 @default.
- W68429622 hasRelatedWork W2886614422 @default.
- W68429622 hasRelatedWork W294051464 @default.
- W68429622 hasRelatedWork W2992675348 @default.
- W68429622 hasRelatedWork W3024084460 @default.
- W68429622 hasRelatedWork W306138414 @default.
- W68429622 hasRelatedWork W3121491636 @default.
- W68429622 hasRelatedWork W3121815684 @default.
- W68429622 hasRelatedWork W3122605680 @default.
- W68429622 hasRelatedWork W3123055640 @default.
- W68429622 hasRelatedWork W3124514868 @default.
- W68429622 hasRelatedWork W3157185726 @default.
- W68429622 isParatext "false" @default.
- W68429622 isRetracted "false" @default.
- W68429622 magId "68429622" @default.
- W68429622 workType "article" @default.