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Full-Text Articles in Law
Barriers To Market Discipline: A Comparative Study Of Regulatory Reforms, Vincent Di Lorenzo
Barriers To Market Discipline: A Comparative Study Of Regulatory Reforms, Vincent Di Lorenzo
Vincent Di Lorenzo
This article explores regulatory reforms in the U.S. and U.K. in response to the recent mortgage market crisis. First, the article explores the extent to which regulatory bodies have recognized behavioral barriers to market discipline on the part of both consumers and industry actors. The academic literature has long identified such barriers, but recognition by government regulators has lagged. Without such recognition legal requirements and regulatory policies evolve without consideration of a major influence on human decision making. Second the article examines the varied response in the U.S. and U.K. to both market limitations and behavioral limitations to self-protection and …
Barriers To Market Discipline: A Comparative Study Of Regulatory Reforms, Vincent Di Lorenzo
Barriers To Market Discipline: A Comparative Study Of Regulatory Reforms, Vincent Di Lorenzo
Vincent Di Lorenzo
Barriers to Market Discipline: A Comparative Study of Mortgage Market Reforms This article explores regulatory reforms in the U.S. and U.K. in response to the recent mortgage market crisis. These reform efforts serve as case studies for evaluation of necessary reforms being considered in many nations. Two issues are examined. First, the article explores the extent to which regulatory bodies have recognized behavioral barriers to market discipline on the part of both consumers and industry actors. The academic literature has long identified such barriers, but recognition by government regulators has lagged. Second the article examines the varied response in the …
Barriers To Market Discipline: A Comparative Study Of Mortgage Market Regulation, Vincent Di Lorenzo
Barriers To Market Discipline: A Comparative Study Of Mortgage Market Regulation, Vincent Di Lorenzo
Vincent Di Lorenzo
This paper explores mortgage market reforms in the U.S. and U.K. in response to the recent mortgage market crisis. Two issues are examined. First, the paper explores the extent to which regulatory bodies have recognized behavioral barriers to market discipline on the part of not only consumers but also industry actors. Second the paper examines the varied response in the U.S. and U.K. to both market limitations and behavioral limitations to self-protection and self-discipline that led to unsafe lending practices in the period 2003 through 2007. The greater emphasis on rules-based regulation in the U.S. after 2008 is compared with …
Mortgage Market Regulation And Moral Hazard: Equity Stripping Under Sanction Of Law, Vincent Di Lorenzo
Mortgage Market Regulation And Moral Hazard: Equity Stripping Under Sanction Of Law, Vincent Di Lorenzo
Vincent Di Lorenzo
No abstract provided.