The Reason And Revelation Of The Supreme Mortgage Loan Crisis In The U.S.

In recent years, the personal housing mortgage loans based on mortgage business, the rapid development of interest rate and the increase and decline in housing prices in China is similar with the economic situation in the United States a few years ago. The debt crisis in the United States sounded the alarm to China. To accelerate the analysis of debt crisis in the United States and combine with China's actual situation have a very strong practical significance.This article is from the following parts. The first part is the introduction, mainly from the global impact and the similarity in China to introduce the necessity and significance in research. And introduce the research status at home and abroad and put forward the idea of this framework and research methods.In partⅡ, this article outlines the asset securitization and real estate securitization. And the sub-loans and subordinated notes are also been introduced.In the third part, this article has begun to enter the core of the paper, introduced the framework for analysis and introduced from the loan-to-debt.In the fourth part this article gets into the further explore of the crisis, focus on the perspective of the United States using the Marxist economics and analyze the deep-seated causes of the crisis.In the PartⅤ, this article research from the mortgage and real estate securities in China and make a number of policy recommendations.To sum up, this article mainly researches the crisis from the Western economic crisis theory and the Marxist theory of economics and compares with the actual situation in China.