The authors empirically analyze the price-setting behaviour of the major Canadian banks in the residential mortgage … market over the period 19912007. They use weekly posted prices of the major mortgage providers to study the degree of … competition in mortgage price setting. Their results suggest that the residential mortgage market is imperfectly competitive. They …

mortgage performance. I show that face-to-face interaction between a mortgage broker and borrower before the loan funds is … associated with lower levels of ex post default. The relation between face-to-face broker-borrower interaction and mortgage … mortgage broker and borrower may reduce problems associated with financial illiteracy …

If mortgage borrowers default strategically, their future house price expectations should affect their present mortgage …

selection and income misrepresentation in the mortgage market. We show that the majority of additional risk associated with "low …

This paper focuses on the potential externalities associated with subprime mortgage origination activity. Specifically …, we examine whether negative spillover effects from subprime mortgage originations result in higher default rates in the … neighborhood does not lead to greater default risks for surrounding borrowers. However, we do find that more aggressive mortgage …

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 …

mortgage is therefore critical to financial well-being but households often make costly mistakes. We collect data in an online … survey to test borrowers' comfort with, and understanding of, mortgage debt. We analyze the impact of financial literacy …, mortgage broker advice and whether the loan is framed as a lump sum debt or an equivalent stream of repayments. We conjecture …