U. S. Subprime Mortgage Crisis

The U.S. crisis in subprime home mortgages has been and still is in the news, for example:

Subprime Mortgages: A Primer
Subprime Mortgages: Of the Wretched and the Reckless
Home Foreclosures Doubled in August on Loan Rates (Update5)

There has also been news about the impact of the subprime mortgage crisis on many parts of the economy, e.g., on banks:

Banking: Brrrrrrrrr

Comprehensive works on (and the economics of) subprime home mortgages are classed in 332.722 Home finance (Residential finance), e.g., Subprime Mortgages: America's Latest Boom and Bust.  Since subprime mortgages do not approximate the whole of the number, no standard subdivision is added. 

Comprehensive works on many kinds of home mortgages in the United States are classed in 332.7220973 Home finance in the United States (built with 332.722 plus notation T1—09 Geographic treatment plus T2—73 United States), e.g., The Mortgage Answer Book: Choosing the Right Loan for You.  Mortgages are treated as approximating the whole of real estate finance, as notes under 332.72 Real estate finance and mortgages make clear:

Standard subdivisions are added for either or both topics in heading
Class here discrimination in mortgage loans; mortgage delinquencies and defaults

Works on mortgage lending from the viewpoint of banks offering loan services are classed in 332.1753 Loans, e.g., Introduction to Mortgage Lending.  Notes at 332.7 Credit make clear that credit functions of specific kinds of financial institutions are classed with the institution:

Class credit functions of banks in 332.1; class credit functions of specialized banking institutions in 332.2; class credit functions of credit and loan institutions in 332.3

Comprehensive works on (and the economics of) mortgage-backed securities are classed in 332.6323 Bonds ("Including mortgage bonds and certificates"), e.g., The Handbook of Mortgage-Backed Securities.

Works about the impact of the subprime mortgage crisis on specific parts of the economy are classed with the part, e.g., banks and banking 332.1 Banks.

Comments

[Shamun Mahmud]

There is a plethora of good information on this blog. The quality of good stuff on mortgages was exceptional. Wonderful links let you delve as deeply as you desire, to REALLY learn about mortgages!

[ray nwam]

Excellent article and site .your piece is a great resource to the online audience. Please when you have time check out my site with many articles like Foreclosure tricks http://mortgagebankerstricks.blogspot.com

[Mortgage Refinancing]

Thanks for the tip on the book: "Introduction to mortgage lending". It will be helpful.

[Franchise]

Way Nwam, who is the author of that book? I mean "Introduction to mortgage lending"?

[DenverLender]

The Dewey Decimal system in lieu of tagging and categories. Very Slicks!

[Michael Peter]

thanks so much for this great post :-)

[Bad Credit Mortgage]

One of the bad things about this current crisis is that people that actually need the loans are now suffering the most.

[Foreclosure Loans]

Yes that is a great book!

[Charles]

Thank you very much for this - I was trying to figure out where to place a link in the UK 'Bubl' index - which is a web directory organized by Dewey Decimal reference - a fairly unique service. I had no idea where to place a link to an article about mortgages though, but I found this article which made it very clear indeed.

332.722 is it! Cheers!

- Charles
http://www.badcreditremortgage.net/

[Florida Realtor]

This is a great post loaded with info for both the consumer and the businessman (woman). Thanks so much! I will be checking back for more useful information from you and your links!