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Paperback The Dead Pledge: The Origins of the Mortgage Market and Federal Bailouts, 1913-1939 Book
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ISBN: 0231192533

ISBN13: 9780231192538

The Dead Pledge: The Origins of the Mortgage Market and Federal Bailouts, 1913-1939

(Part of the Columbia Studies in the History of U.S. Capitalism Series)

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Book Overview

The American government today supports a financial system based on mortgage lending, and it often bails out the financial institutions making these mortgages. The Dead Pledge reveals the surprising origins of American mortgages and American bailouts in policies dating back to the early twentieth century.

Judge Glock shows that the federal government began subsidizing mortgages in order to help lagging sectors of the economy, such...

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Business Business & Investing History

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