|
Background Note
| HBS Case Collection
|
1997
Savings and Loans and the Mortgage Markets
by
Robert C. Merton and Alberto Moel
|
Abstract
Provides a brief overview of the history of the savings and loans, the savings and loans crisis of the 1980s and 1990s, and the creation of the mortgage markets in the United States. Also explains briefly the most common types of mortgage-backed securities available.
Keywords: History;
Saving;
Debt Securities;
Markets;
Mortgages;
United States;