TY - BOOK AU - Mitchell,Sally G. TI - Housing finance and the secondary mortgage market: alternatives for change T2 - Housing issues, laws and programs SN - 9781634828789 AV - HD7287 .H687 2015 PY - 2015/// CY - New York PB - Nova Publishers KW - Housing KW - Finance KW - Mortgages KW - Secondary mortgage market KW - Electronic Books N1 - 2; Chapter 1. An Overview of the Housing Finance System in the United States; Sean M. Hoskins, Katie Jones and N. Eric Weiss --; Chapter 2. Transitioning to Alternative Structures for Housing Finance; David Toregrosa --; Index; 2; b N2 - When making a decision about housing, a household must choose between renting and owning. Multiple factors, such as a household's financial status and expectations about the future, will influence the decision. Few that decide to purchase a home have the necessary savings or available financial resources to make the purchase on their own. Most need to take out a loan. A loan that uses real estate as collateral is typically referred to as a mortgage. This book serves as a primer that explains how the system of housing finance works. This book also examines various mechanisms that policy-makers UR - httpss://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1023392&site=eds-live&custid=s3260518 ER -