October 24, 2007, 9:00 AM - 1:30 PM - Hudson Institute, Washington, D.C. Headquarters
Mark Zandi, MoodyEconomy.com
Top: Seldin, Wachter, Weicher, and Green
Bottom: Guttentag, McCoy, Westley and Zandi
Subprime mortgage lending was the subject of this Hudson research roundtable. Economist Mark Zandi of Moody's economy.com presented a grim outlook for the mortgage and housing markets over the next two years. Major policy changes were advocated, and debated vigorously, by Patricia McCoy of the University of Connecticut Law School and Emeritus Professor Jack Guttentag of the University of Pennsylvania. The event was cosponsored by Hudson Institute, the Homer Hoyt Institute, the Institute for Urban Research at the University of Pennsylvania, and the Institute for Public Policy at George Washington University. The sponsors saw the event as the first stage in developing a research agenda to promote an informed public policy response to the subprime debacle, on both the national and local level.
"Addressing the Subprime Mortgage Crisis"
Wednesday, October 24
9:00 AM – 1:30 PM
John Weicher Hudson Institute
Maury Seldin Homer Hoyt Institute
Richard Green The George Washington University
Susan Wachter Institute for Urban Research, University of Pennsylvania
"Overview of the Subprime Mortgage Crisis"
Steven Westley Assistant Director, Financial Markets & Community Investment, U.S. Government Accountability Office
"Policy Responses to the Subprime Crisis: Differing Perspectives"
Patricia McCoy George J. & Helen M. England Professor of Law University of Connecticut School of Law
Jack M. Guttentag "The Mortgage Professor" columnist Professor of Finance Emeritus, The Wharton School, University of Pennsylvania
Keynote speaker: Mark Zandi, Chief Economist, Moody's economy.com
1:30 pm Adjourn
Location: Hudson Institute
Betsy and Walter Stern Conference Center
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