Fixed-rate mortgages (FRMs) dominate the U.S. mortgage market, with important consequences for household risk … freezes, the share of FRMs is sharply higher among mortgages eligible to be securitized through the still-liquid agency MBS … rate risk embedded in these loans. We highlight policy implications for ongoing reform of the U.S. mortgage finance system. …

underperformance (high mortgage defaults and losses and large rating downgrades) among deals with observably higher risk mortgages …

Most mortgages in the United States are securitized through the agency mortgage-backed-securities (MBS) market. These … liquidity, leading to lower borrowing costs for households. Evaluation of potential reforms to the U.S. housing finance system …

Although the level of seriously delinquent mortgages in Texas is slightly improved from one year ago (see the … accompanying article), such mortgages are still at very high levels in the metro areas. For example, over 30,000 households are at … rate of one out of every 22 mortgages reported. To address this issue, local coalitions and the Texas Foreclosure …

mortgages in the lead-up to the recent recession; therefore, the region did not get into a mortgage crisis as severe as in some …