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HIDDEN IN PLAIN SIGHT

Peter J. Wallison

 

Sub-title: What Really Caused the World's Worst Financial Crisis and Why It Could Happen Again - Encounter Books, N.Y., 2015, 411 pgs., index, end notes

 
 

Reviewer Comments

 
 

Preface

 
 

1 - Introduction

 
 

2 - The Difference between Prime and Nontraditional Mortgages

 
 

3 - The Financial Crisis Inquiry Commission Report and Other Explanations of the Crisis

 
 

4 - A Short History of Housing Finance in the U. S.

 
 

5 - HUD's Central Role

 
 

6 - The Decline in Underwriting Standards

 
 

7 - Force Fed

 
 

8 - Going Viral

 
 

9 - The Great Housing Price Bubble

 
 

10 - Flying Blind into a Storm

 
 

11 - 31 Million Nonraditional Mortgages Precipitate a Crisis

 
 

12 - Fair Value Accounting Scales up the Crisis

 
 

13 - From Bad to Worse

 
 

14 - The False Narrative and the Future

 

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