Sub-Prime lending, the deficiencies and the government responses

Jackson, M and Shelly, M 2008, 'Sub-Prime lending, the deficiencies and the government responses', Journal of International Banking Law and Regulation, vol. 10, pp. 523-537.


Document type: Journal Article
Collection: Journal Articles

Title Sub-Prime lending, the deficiencies and the government responses
Author(s) Jackson, M
Shelly, M
Year 2008
Journal name Journal of International Banking Law and Regulation
Volume number 10
Start page 523
End page 537
Total pages 15
Publisher Sweet and Maxwell and Contributors
Abstract This paper describes the US sub-prime market and the problems with it that arose inthe middle of 2007. It briefly examines the reasons suggested for both the rise and fall of sub-prime lending. It also examines the impact of the sub -prime loan crisis in Australia. It explores the solutions that are being introduced in both countries to remedy some of the deficiencies that have been identified and discusses whether the government responses will address the primary causes for the credit crisis that began in 2007.
Subject Commercial and Contract Law
Keyword(s) banking
sub-prime mortgages
ISSN 0267-937X
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