Volume 5 Issue 3

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Table of Contents and General Information
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Special Issue:

Understanding Structural Adjustment of the Mortgage Market in the United States: Lessons from the Protracted Real Estate Recession in the United Kingdom

Editors' Introduction
By Issac F. Megbolugbe
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Markets in the United Kingdom

Introduction and Update
By Christine M. E. Whitehead
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Housing and Macroeconomy in the United Kingdom
By Alex Bowen
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The 1985-1993 Housing Market in the United Kingdom: An Overview
By Mark Bol©at
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The Interrelationship between the Mortgage and Insurance Industries in the
United Kingdom
By D.J. Douetil
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Mortgage-Backed Securitization in the United Kingdom
By Michael Pryke
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Lessons from the FOX Residential Property Futures and Mortgage Interest
Rate Futures Market
By Kanak Patel
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Implications of the U.K. Experience for the U.S. Market

Efficiency and Stability of Housing Finance Systems: A Comparison of the
United Kingdom and the United States
By Michael J. Lea
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Real Estate Market Institutions in the United Kingdom: Implications for the
United States
By Peter Chinloy
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