This article traces the evolution of the housing finance system in the U.S., with particular attention to changes from the 1960s through the early 2000s. The paper shows the trends to increasing risk taking by lenders and households, predicting the collapse of the mortgage system in the mid 2000s.
Stone, Michael E., "Pernicious Problems of Housing Finance" (2006). Community Studies Faculty Publication Series. 6.
Temple University Press