relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and … inequality in the four countries correspond to their mortgage take up rates and its distribution across income, reflecting the … different degree of development of their respective mortgage markets. In Italy, alternative ways of financing, such as family …

almost half of purchase mortgage originations were associated with investors. In part by apparently misreporting their …

Using a sample of purchase mortgage applications reported in HMDA between 2001 and 2011, this paper estimates how the … 2007 and 2009 is attributable to concerns about the value of the property used to secure the mortgage …

Nonlocal mortgage lenders with greater exposure to high-growth housing markets accept fewer loan applications in these … lenders' exposure to high-growth markets is associated with more risk, more efficiency, and more return on mortgage portfolios …

Recent research in economic history has found that mortgage debt in relation to GDP has taken off in the historical … long run ("great mortgaging"), as growing banking assets have been redirected into mortgage credit. This paper maps the …-income securities. A parallel shift to secondary mortgage bonds has hardly offset this decline, while direct real estate remained …

Mortgage interest tax deductibility is needed to treat debt and equity financing of homes equally. Countries that limit … the financing response to a legislative change is complicated by the fact that lenders restrict mortgage debt to the value … response by 20 percent (a 32 percent decline in debt vs a 40 percent decline). The estimation is based on 86,000 newly …

almost exclusively on company and not mortgage finance. We identify four different "ideal types" of housing finance systems …-dependent conclusion, noting that the more countries developed bond-based mortgage banks in the nineteenth century, the more they tended …