Mandatory use ofa simple mortgage disclosure formwould make borrowers better able to protect themselves by understanding what the mortgage really means to them, andpromote a more efficient mortgage finance system.

To the students of history, the vicious cycle around the bust is all too familiar.

The optimistic forecasts of subprime recovery have not panned out.

The subprime boom is over; the bust is here.

In order to overcome the subprime mortgage bust, we must help borrowers to become more competent and informed.

Those burned in the subprime lending bust thought they could manage risk, but they neglected to consider the human factor.

The subprime mortgage bust and why "liquidity" is often a misleading metaphor.

The pessimistic outlook on the subprime mortgage and housing markets which marked the March 2007 AEI conference, "Mortgage Credit and Subprime Lending: Implications of a Deflating Bubble," has come true. Now the press and public debate are filled with stories of subprime defaults, falling home prices, losses suffered both by...