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Dangerous Opportunities: The Future of Financial Institutions, Housing Policy, and Governance

By Stephanie Ben-Ishai (Editor)
eBook
$37.95
By Stephanie Ben-Ishai (Editor)
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The 2017 Home Capital saga represents the shortcomings of a financial system challenged by distinct, siloed regulatory frameworks that fail to communicate with each other. Home Capital is a publicly traded company that acts as a lender through the Home Trust Company, most often providing mortgages to clients rejected by traditional banks. Home Capital’s 2017 announcement that it required $2 billion to sustain a $600-million loss shook customer confidence, and fueled by allegations of corrup...

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BusinessEconomicsEconomics - General & Miscellaneous