Chunlin Leonhard of Loyola University New Orleans has written The Subprime Mortgage Crisis and Economic Checks and Balances, Banking & Financial Services Policy Report, June 2012, at 15. Here's the abstract:
This article examines contract law’s role in the subprime mortgage crisis, specifically in the way that the laissez faire paradigm of traditional contract law focuses on the self-interest of the contractual parties and in the way contract law has led to a business culture dominated by a “survival of the fittest” mentality.