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Compensation and Incentives in the Mortgage Business

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  • Quigley John M.

    (U.C. Berkeley)

Abstract

John Quigley, a Berkeley economics professor and an expert on housing markets, argues that poor incentive contracts in the mortgage industry helped cause the present mess and suggests simple steps to align industry incentives with the public interest.

Suggested Citation

  • Quigley John M., 2008. "Compensation and Incentives in the Mortgage Business," The Economists' Voice, De Gruyter, vol. 5(6), pages 1-3, October.
    • Handle: RePEc:bpj:evoice:v:5:y:2008:i:6:n:2
    DOI: 10.2202/1553-3832.1431
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    Citations

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    Cited by:

    1. Gary A. Dymski, 2009. "Afterword: Mortgage Markets and the Urban Problematic in the Global Transition," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 33(2), pages 427-442, June.
    2. Dwight M. Jaffee & John M. Quigley, 1975. "Housing Policy, Mortgage Policy, and the Federal Housing Administration," NBER Chapters, in: Measuring and Managing Federal Financial Risk, pages 97-125, National Bureau of Economic Research, Inc.
    3. Gary A Dymski, 2010. "Development as Social Inclusion: Reflections on the US subprime crisis," Development, Palgrave Macmillan;Society for International Deveopment, vol. 53(3), pages 368-375, September.
    4. Gary A. Dymski & Jesus Hernandez & Lisa Mohanty, 2011. "Race, Power, and the Subprime/Foreclosure Crisis: A Mesoanalysis," Economics Working Paper Archive wp_669, Levy Economics Institute.
    5. Gary Dymski & Jesus Hernandez & Lisa Mohanty, 2013. "Race, Gender, Power, and the US Subprime Mortgage and Foreclosure Crisis: A Meso Analysis," Feminist Economics, Taylor & Francis Journals, vol. 19(3), pages 124-151, July.

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