This paper examines the role of government-supported housing finance agencies in Asia. We estimate the size of the … themselves. We have three main findings. The level of government support provided to housing finance agencies in Asia varies, but …

/2008 financial crisis, which was triggered by the collapse of the U.S. subprime mortgage market. This research is particularly …

governmental mortgage guarantee plans, and greater reliance on private mortgage markets. The analysis also considers the likely … consequences of adopting alternative roles for government in the U.S. housing and mortgage markets. We start by reviewing the … history of the GSEs and their contributions to the operation of U.S. housing and mortgage markets, including the actions that …

Evidence from a range of countries reveals that household inaction in mortgage refinancing can be pervasive despite … lenders to set lower average mortgage rates. To provide a money-metric assessment of cross-subsidies, we construct a model of … household refinancing and structurally estimate it on rich administrative data on the stock of loans in the U.K. mortgage market …

homeownership. In this paper we use property-level data to estimate the effect of government mortgage guarantees on homeownership … reduce the government's involvement in the mortgage market by reducing the CLLs …

governmental mortgage guarantee plans, and greater reliance on private mortgage markets. The analysis also considers the likely … consequences of adopting alternative roles for government in the U.S. housing and mortgage markets. We start by reviewing the … history of the GSEs and their contributions to the operation of U.S. housing and mortgage markets, including the actions that …

purchased by low-income familiesthrough mortgages originated by the country’s leading mortgage financial institution (Infonavit … that households that received a subsidy payed higher prices than other households that were not beneficiaries ofthe …