This paper uses data on millions of single-borrower mortgage applications to study the relationship between applicant … age and mortgage application outcomes. Conditional on a rich set of applicant, property, and loan characteristics …, mortgage refinance applications submitted by older borrowers are associated with higher rejection probabilities. This pattern …

This paper uses data on millions of single-borrower mortgage applications to study the relationship between applicant … age and mortgage application outcomes. Conditional on a rich set of applicant, property, and loan characteristics …, mortgage refinance applications submitted by older borrowers are associated with higher rejection probabilities. This pattern …

This paper uses data on millions of single-borrower mortgage applications to study the relationship between applicant … age and mortgage application outcomes. Conditional on a rich set of applicant, property, and loan characteristics …, mortgage refinance applications submitted by older borrowers are associated with higher rejection probabilities. This pattern …

Technology-based ("FinTech") lenders increased their market share of U.S. mortgage lending from 2 percent to 8 percent … from 2010 to 2016. Using market-wide, loan-level data on U.S. mortgage applications and originations, we show that FinTech … lenders process mortgage applications about 20 percent faster than other lenders, even when controlling for detailed loan …

of the Danish mortgage finance system and compare and contrast it to the U.S. system. We also note characteristics of the … Danish model that may be of interest as the United States considers further mortgage finance reform. In particular, the … borrowers the option to repurchase their mortgage at the market price, mitigating "lock-in" effects. Danish mortgage …