한국과 미국 모기지 시장 연구 (영문)

한국과 미국 모기지 시장 연구 (영문)

한국과 미국 모기지 시장 연구 (영문).hwp

목차 Ⅰ. Introduction Ⅱ. What is Mortgage? : mortgage market of U.S. Ⅲ. Mortgage market of Korea Ⅳ. Difference of two countries' mortgage market Ⅳ. Discussion References 본문 Ⅰ. Introduction MORTGAGE lending is hardly the raciest business, but it has its moments. "It s a bit like the definition of combat: 59 minutes of boredom followed by a minute of sheer terror," says Michael Youngblood, an analyst at Friedman, Billings, Ramsey, an investment bank. figure 1. a protester carrying a slogan World Financial Crisis in 2007 was originated from subprime mortgage loan crisis in U.S. and spread out all over the world. The damages of Subprime turmoil by the so-called Wall street greed led to a protest movement named Occupy Wall Street started on September 17, 2011 in Zuccotti Park, Whose slogan is We are the 99% which addresses the growing income inequality and wealth distribution in the U.S. between the wealthiest 1% and the rest of the population. Korea is not an exception. Emerging from the 1997-98 Asian currency crisis, banks have tended to provide more loans to households. Then household loans drastically increased and this consequently produces House Poor who is suffer from the housing problem(burdened by mortgage and loan debt). The house poor problem is pandemic in Korea. Thus, we are still suffering from the credit event but some economists say it has just begun and long way to go. So we would like to take a close look at the mortgage loan in U.S. and Korea to find the thought-provoking messages. 참고문헌 Economist, Mortgage lending: Subprime subsidence, 2006 Edinformatics, What is a Mortgage - What are the types of Mortgages?, 2012 Economy Watch, Mortgage Market in US , 2010 Kimberly Amadeo(About.com), 'Mortgage-backed Securities', 2011 Broker outpost LLC, Fannie Mae and Freddie Mac, 2007 EconomyWatch, Mortgage Market in South Korea, 2010 Moody's investors service, Korea Housing Finance Corporation, 2010 HSBC, 'Korea Focus-House rich, cash poor', 2012 James R. Barth, Tong Li, Wenling Lu, Triphon Phumiwasana, & Glenn Yago, The Rise and Fall of the U.S. Mortgage and Credit Markets, 2009 Andreas Lehnert, Overview of US mortgage markets, 2005 Man Cho& Inho Song, Housing Price and Mortgage Credit Cycles: Tales of Two Countries, 2011 한국금융연구원, 국내 금융회사의 모기지 활성화 방안, 2007 Sungjoo Hwang, Moonseo Park & Hyun-Soo Lee, Korean Real Estate Market Mechanisms and Deregulation of Mortgage Loans: Qualitative Analysis, 2009 Chae-Sun Chung, Integrating Price Dynamics in the Prudential Norms : the Korean Example, 2010 Korea Housing Finance Corporation, Introduction to Korea Housing Finance Market, 2011 키워드 모기, 미국, 모기지, 연구, 영문, 한국