"This paper analyzes the performance of the commercial mortgage-backed security (CMBS) market before and during the … mortgage market) the loans underlying CMBS did not significantly change their characteristics during this period, commercial …

"Covered mortgage bonds have been used successfully in Europe for two centuries, but failed in the U.S. when introduced … as farm mortgage debentures in the 1880s. Using firm-level data and a sample of loans made by one Kansas mortgage company … mortgage market and facilitated an expansion of western farm mortgage debt before the innovation failed in the mortgage crisis …

"Looking back to the 1930s provides the opportunity to examine one severe mortgage crisis as we live through another …. This paper examines the development of the residential mortgage market during the 1920s, the institutional disruptions that … development of the residential mortgage market and led to a postwar system in which portfolio lenders dominated both local and …

-to-value levels and permissive mortgage approvals. We revisit the standard user cost model of housing prices and conclude that the …

financial crisis - the mortgage credit cycle and the home price cycle. In the viewpoint of mortgage lending, the main demand … (UCC) for owning between 2002-2006. UCC was, in turn, influenced by three key factors - the record low mortgage interest … as a significant shift factor in the demand side. In the supply-side, the main drivers for the boom-bust of mortgage …