Published: September 11, 2008

'The Subprime Mortgage Crisis: What's Next?' Real Estate Economist to Discuss Solutions to the Subprime Mortgage Crisis

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The Subprime Crisis Research Council (SCRC) will discuss root causes and policy solutions to prevent another wide scale housing crisis in the future before Congressional staff at this Washington DC event. The council comprises a distinguished group of housing experts and economists.

Reporters are invited. Contact Pamela Tom to schedule an interview with Robert Edelstein.

10:00 a.m. Presentation of the White Paper: "Towards Solving the Subprime and Other Financial Crises" by UC Berkeley Professor Robert Edelstein, chair of the SCRC's White Paper Task Force. Edelstein will present the "White Paper" findings, including short- and long-term solutions to the housing crisis.

Washington D.C., 20005

The SCRC is a bipartisan group of academic, public policy, and professional experts; its purpose is to review, discuss, and make recommendations regarding legislation concerning subprime mortgages, the housing market, and the overall financial sector. The SCRC program is funded by a special grant from the Homer Hoyt Institute, an independent nonprofit research and education foundation, and supplemented by industry. The SCRC is co-chaired by Susan Wachter, professor, Wharton School of Business, and John Weicher, director, Center for Housing and Financial Markets, Hudson Institute. More information on SCRC at http://www.hudson.org/

Access his faculty bio at: http://www.haas.berkeley.edu/faculty/edelstein.html.

Source: University of California, Berkeley Haas School of Business