Description: The paper presents the history of mortgage guarantee insurance in the US, beginning briefly with the history of banks and banking regulation and ending with implications for the future.

Description: Discussant comments for the 2009 Housing Wealth monograph paper, “History of Mortgage Finance With an Emphasis on Mortgage Insurance.” The paper presents the history of mortgage guarantee insurance in the US beginning briefly with the history of banks and banking regulation and ending with implications for the future. The discussant finds the paper clearly written and that it would make a useful reference based on a reading of a preliminary draft.