The securitization of housing finance
探讨了自1970年以来抵押贷款证券化如何彻底改变住房金融，并分析了这一持续发展的市场所引发的公共政策问题。
Since 1970, housing finance has undergone a radical transformation due to the securitization of mortgage loans. As the market for mortgage securities continues to grow and develop, this transformation raises a number of important public policy issues.