The American Housing Finance System

The course is intended for people who would like a deeper understanding of the American housing finance system. The focus will be on providing necessary background knowledge rather than on evaluating specific policy proposals.  Near the end of the course, participants will be encouraged to bring up policy issues and to discuss them in light of the information presented.

Special emphasis will be placed on two factors.  One is mortgage analytics, which means the measurement and modeling of default risk and interest-rate risk from the standpoint of the lender.  A second factor is business process and industry structure, which means describing the tasks involved in mortgage lending and characterizing the firms that perform each task.

You are subscribed! Expected utility is high.

Runs approx 15 video hours

Course Outline

Lowering the initial payment
Basic mortgage underwriting
Varieties of mortgage securities
Painful historical episodes & policy responses
Can I earn a certificate?

No certificate is offered for this course.

How can I get updates on this course?

If you subscribe to the course by using the button above, you will receive email updates on the course.

Can I use this content in my class?

Yes, please! The videos are freely available for non-commercial use.  Please let us know how it goes.

Can you explain what's in the course?
Flip the classroom

BDavis's picture

Arnold's Post Commentary and Testimony (video) to The Financial Services Committee!

Make sure to check out Arnold Kling’s blog here for post commentary and video from his testimony to

RomanHardgrave's picture

Arnold Kling video chat on 4/4/2013

Arnold Kling will be hosting a live video chat on Thursday, April 4th at 12 noon EST.

RomanHardgrave's picture

Arnold Kling video chat on 3/8/2013

We will hold a video chat on Friday, March 8, from 1 to 2 PM ET to discuss course materials on the American Housing Finance System.

ArnoldKling's picture

Welcome to the course! Let's get started.

Welcome to the course! Let's get started.

Subscribe to RSS - The American Housing Finance System