Navigation Links
CCH White Paper Details Subprime Crisis, Wider Effects

RIVERWOODS, Ill., May 8 /PRNewswire/ -- CCH, part of Wolters Kluwer Law & Business, has published a white paper, The Subprime Lending Crisis: Causes and Effects of the Mortgage Meltdown, by CCH Banking Law Analyst Katalina M. Bianco, JD. Wolters Kluwer Law & Business is a leading provider of research information and software solutions in key specialty areas for legal and business professionals.

In the white paper, Bianco traces the current situation from its origins, showing how historically low interest rates, low risk premiums, risky mortgage products, lax lending standards, securitization and a number of other factors all contributed to the collapse of the subprime mortgage industry, and how that collapse in turn impacted stock markets and other industries, with a continuing fall in home prices hitting hard even at prime borrowers.

"As recently as mid-2007, many experts believed that the crisis would be contained within the area of mortgage issuers who had overloaded on subprime loans," Bianco observes. "Instead, the crisis has impacted a wide range of financial institutions, businesses, creditors, borrowers and government agencies."

Katalina M. Bianco, JD, is a banking law analyst for CCH. Bianco contributes to the CCH Federal Banking Law Reporter, CCH Mortgage Compliance Guide and Bank Digest.

Members of the press interested in speaking with Katalina Bianco should contact: Leslie Bonacum at 847-267-7153,; or Neil Allen at 847-267-2179,

About Wolters Kluwer Law & Business

Wolters Kluwer Law & Business is a leading provider of research products and software solutions in key specialty areas for legal and business professionals, as well as casebooks and study aids for law students. Its major product lines include Aspen Publishers, CCH, Kluwer Law International and Loislaw. Its markets include law firms, law schools, corporate counsel and professionals requiring legal and compliance information. Wolters Kluwer Law & Business, a unit of Wolters Kluwer, is based in New York City and Riverwoods, Ill.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2007) of Euro 3.4 billion ($4.8 billion), maintains operations in over 33 countries across Europe, North America and Asia Pacific and employs approximately 19,544 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. For more information, visit

SOURCE CCH, a Wolters Kluwer business
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Ability to cope with stress can increase good cholesterol in older white men, study finds
2. New Study Reports High Injury Rates for Hotel Workers, Even Higher Rates for Women and Nonwhites
3. Glass Lewis Recommends Arrow Shareholders Vote on the White Proxy Card for Merger With Teleflex and for Current Board of Directors at Arrow Annual Meeting
4. Arrow International Sends Letter Reminding Shareholders to Vote White Proxy Card in Support of Teleflex Merger and Election of Current Board of Directors
5. Prime Access Creates Groundbreaking Ads Targeting Urban Teens for the White Houses National Youth Anti-Drug Media Campaign
6. Older blacks and Latinos still lag whites in controlling diabetes
7. New RAPS White Paper Details Career Development of Healthcare Products Regulatory Professionals
8. Black gay men, lesbians, have fewer mental disorders than whites, says Mailman School of PH study
9. Marian Jones Should Return Olympic Medals, Says Ex-White House Drug Spokesman Bob Weiner
10. Whites take supplemental breast cancer therapy more often than blacks
11. Differences observed between black and white women in use of breast cancer therapy
Post Your Comments:
(Date:11/25/2015)... ... November 25, 2015 , ... As part ... For Empowerment ™ attracts volunteers together who want to combine talents and resources ... key stakeholders in the process. The non-profit launched its first major fundraiser on ...
(Date:11/25/2015)... ... ... Finnleo, a leader in the traditional and far-infrared sauna industry, announced a sale ... , For traditional saunas, Finnleo is offering 20% off all Nordic Spruce ... only European Grade A Nordic White Spruce from sustainably grown trees. Because of the ...
(Date:11/25/2015)... ... November 25, 2015 , ... TyloHelo ... parts and accessories. , Sauna accessories help improve the bather experience in the ... From basic styles for the purist looking for simplicity in design to accessories ...
(Date:11/25/2015)... , ... November 26, 2015 , ... ... Commission (AUC), European Union (EU), ANDI Pan African Centres of Excellence, and public ... in Nairobi (UNON) for the opening of the 5th African Network for Drugs ...
(Date:11/25/2015)... ... ... For the first time, Vitalalert is donating half of its earnings to ... between the two groups began in 2014 with Vitalalert pledging a portion of every ... founded in 1954 and is an international Christian-based health organization whose mission is to ...
Breaking Medicine News(10 mins):
(Date:11/24/2015)... CHAPEL HILL, N.C. , Nov. 24, 2015 /PRNewswire/ ... market research projects in an effort to quickly uncover ... market position. --> --> ... expeditiously launch a market research project and ensure that ... with company and industry standards. Another major barrier to ...
(Date:11/24/2015)... , 24. November 2015 ... Breathing Pacemaker Systems, ist erfreut, die Berufung ... Consultant bekannt geben zu können. ...   --> Foto - ... (Schweden). Von 1984-1986 war er Fellow ...
(Date:11/24/2015)... 24, 2015 Sectra (STO: SECT ... entered into a multi-year agreement to deploy Breast ... will provide the Breast Center a future-proof platform capable ... (STO: SECT B) announces that Breast Center of Acadiana ... Breast Imaging PACS in its two freestanding imaging centers. ...
Breaking Medicine Technology: