Laying the Foundations for a Crisis: Mapping the Historico‐Geographical Construction of Residential Mortgage Backed Securitization in the UK

By T. Wainwright. 2009

134 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/ee16794265f59d29c4b19c2ed2b01397ea53e257

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Sarah Hall
2. M. Aalbers
3. Brett Christophers
4. Gertjan Wijburg
5. J. Montgomerie
6. J. Palomera
7. Andrew Leyshon
8. S. French

In Finance

1. M. Aalbers
2. Sarah Hall
3. Gertjan Wijburg
4. Brett Christophers
5. J. Montgomerie
6. Kean Birch
7. Desiree Fields
8. J. Palomera

Citations in the corpus

• Revisiting the Urbanization of Capital (2011, background): “…different in 2000 than it had been in 1980 (IFSL 2008, 4), and mortgagebacked securities have been around for over two decades (even if their attainment of a high public profile is much more recent), the United Kingdom having pioneered their use in Europe in 1985 (see especially Wainwright 2009).”
• How Did Finance Capital Infiltrate the World of the Urban Poor? Homeownership and Social Fragmentation in a Spanish Neighborhood (2014, background): “International Journal of Urban and Regional Research © 2013 Urban Research Publications Limited Immergluck, 2009; Wainwright, 2009).”
• The Global Economic Crisis, Eastern Europe, and the Former Soviet Union: Models of Development and the Contradictions of Internationalization (2010, background): “…in ECE was accompanied by a credit-fueled growth model with similarities to the subprime market in the United States (Dymski, 2009; on the UK, see Wainwright, 2009 and French et al., 2009).13 Europe’s own “subprime” market involved rapid year-on-year increases in domestic credit, which fueled…”
• Geographies of the financial crisis (2009, unknown): “Others have provided the buildings blocks for such an approach (most notably Gotham 2006; 2009; see also Dymski 1999; Sassen 2001; 2009; Wyly et al. 2004; 2009; Aalbers 2008; 2009; Wainwright 2009).”
• Financializing space, spacing financialization (2011, background): “Prioritizing the nation state as container of economic activity fails to adequately take into account the central part played by the emergence since the 1980s of a new international financial system founded upon disintermediated and securitized financial capitalism and run mainly through New York an”
• Round the Houses: Homeownership and Failures of Asset-Based Welfare in the United Kingdom (2015, background): “…of housing signalled an important transformation; securitisation fundamentally re-shaped the socio-economic landscape (Aalbers 2008, Gotham 2009, Wainwright 2009) and the politics of homeownership directly linked the domestic political economy to global financial flows through secondary…”
• Financialization and housing: Between globalization and Varieties of Capitalism (2016, unknown): “…overpriced and overextended loans (Langley, 2008; Newman, 2009; Waldron, 2014; Walks, 2013), mortgage securitization (Aalbers, 2008; Gotham, 2009; Wainwright, 2009), credit scoring of (potential) homeowners (Aalbers, 2008; Hall, 2012), land use planning (CoqHuelva, 2013; Kaika and Ruggiero,…”
• The alternative financialization of the German housing market (2017, background): “However, the literature has generally focused on housing markets that were heavily exposed to the global financial crisis (GFC), including those in Spain (e.g. CoqHuelva, 2013; García, 2010), Ireland (e.g. Fraser et al., 2013; Waldron, 2016), the United Kingdom (e.g. Martin, 2011; Wainwright, 2009) ”
• The Handbook of Neoliberalism (2016, background): “Wainwright describes how Salomon Brothers established a specialized structuring firm in London in 1986, called the Mortgage Corporation, which issued mortgage-backed securities and sold them to UK-based investors (Lewis 1989; Wainwright 2009).”
• The Dark Side of NY–LON: Financial Centres and the Global Financial Crisis (2013, unknown): “Prior to 2007, AIG FP was not only the most profitable part of AIG, but was also referred to as the ‘‘golden goose for the entire [Wall] Street’’ (National Commission, 2011), reflecting its key role as the conduit of CDO and CDS production and distribution in Europe.”
• Geographies of money and finance I: Cultural economy, politics and place (2011, background): “However, just as these technologies have been heavily criticized for their role in triggering the ‘global’ financial crisis (Tett, 2009; Wainwright, 2009), so cultural economy research has been criticized for the ways in which it potentially reifies forms of ‘rational’, neoclassical economic calcula”