Summary

John Quigley, a Berkeley economics professor and an expert on housing markets, argues that poor incentive contracts in the mortgage industry helped cause the present mess and suggests simple steps to align industry incentives with the public interest.

Recommended Citation

Quigley, John M. (2008) "Compensation and Incentives in the Mortgage Business," The Economists' Voice: Vol. 5 : Iss. 6, Article 2.
DOI: 10.2202/1553-3832.1431
Available at: http://www.bepress.com/ev/vol5/iss6/art2

Readers' Reactions

José G. Montalvo, Comment on John Quigley: Wrong Incentives in the Mortgage Industry and a Solution (March 2009)