The Personal Costs of Subprime Lending and the Foreclosure Crisis: A Matter of Trust, Insecurity, and Institutional Deception
The Personal Costs of Subprime Lending and the Foreclosure Crisis: A Matter of Trust, Insecurity, and Institutional Deception
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次贷的个人成本和止赎危机：信任、不安全感和机构欺骗的问题
DOI：
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发表时间：
2011
期刊：
影响因子：
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通讯作者：
G. Squires
中科院分区：
文献类型：
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作者：
Lauren M. Ross;G. Squires
Objective.对广泛的贷款失败的研究表明，自2000年以来发放的许多抵押贷款具有欺骗性或掠夺性。本研究探讨的经验和情感的那些谁是在更广泛的框架内的信任，个性化和本体论安全的丧失抵押品赎回权的风险。
方法.访谈考察了家庭的贷款经验，以及他们如何应对住房危机造成的个人麻烦。
结果由于这些贷款中有许多具有欺骗性或掠夺性，个人可能会反思其困境的心理后果。虽然这些发现表明，这些人已经失去了对房地产市场的信任，但许多人已经将他们的情况内化为个人失败。此外，焦虑、压力、不安全感和不确定感也成为他们经历的特征。
结论.这项研究呼吁提出政策建议，以恢复信心，并确保在金融市场上加强对消费者的保护。
Objective. Research on widespread loan failures suggests that many of the mortgage loans that were made since 2000 were of a deceptive or predatory nature. This study explores the experiences and sentiments of those who are at risk of foreclosure within a broader framework of trust, individualization, and ontological security.
Methods. Interviews examine families' lending experience and how they have coped with their personal troubles that resulted from their housing crisis.
Results. As many of these loans were of a deceptive or predatory nature, individuals are likely to reflect on the psychological consequences of their predicament. Although these findings suggest that these individuals have lost trust in the housing market, many have internalized their situation as a personal failure. In addition, feelings of anxiety, stress, insecurity, and uncertainty have come to characterize their experiences.
Conclusions. This research calls for policy recommendations that seek to restore confidence and to ensure greater consumer protection in financial markets.