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Lending patterns in poor neighborhoods
Craig, Ben; Richter, Francisca G.-C. - Federal Reserve Bank of Cleveland - 2010
Concentrated poverty has been said to impose a double burden on those that confront it. In addition to an individual …'s own financial constraints, institutions and social networks of poor neighborhoods can further limit access to quality … subprime lending and poor neighborhoods by including a spatial dimension to the analysis, in an attempt to capture social …
Persistent link: https://www.econbiz.de/10008504644
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Loan commitments and bank risk exposure
Avery, Robert B.; Berger, Allen N. - Federal Reserve Bank of Cleveland - 1990
Loan commitments increase a bank's risk by obligating it to issue future loans under terms that it might otherwise refuse. However, moral hazard and adverse selection problems potentially may result in these contracts being rationed or sorted. Depending on the relative risks of the borrowers who...
Persistent link: https://www.econbiz.de/10005728995
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Loan sales, implicit contracts, and bank structure
Haubrich, Joseph G.; Thomson, James B. - Federal Reserve Bank of Cleveland - 1993
A documentation of some recent changes in the market for loan sales, using a tobit model to relate quantities of loans bought and sold to bank size, capital, risk, and funding mode.
Persistent link: https://www.econbiz.de/10005729006
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Gross loan flows
Craig, Ben R.; Haubrich, Joseph G. - Federal Reserve Bank of Cleveland - 2000
We present a series of stylized facts about gross loan flows and how they vary over time, bank size, and region. We define loan creation as the sum of the change in bank loans at all banks that increased loans since last quarter. Loan destruction is similarly defined as the absolute value of the...
Persistent link: https://www.econbiz.de/10005729086
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Are banks forward-looking in their loan loss provisioning? Evidence from the Senior Loan Officer Opinion Survey (SLOOS)
Balasubramanyan, Lakshmi; Thomson, James B; Zaman, Saeed - Federal Reserve Bank of Cleveland - 2013
stance, this may be suggestive of the largest banks being more engaged in earnings management and income smoothing than the …
Persistent link: https://www.econbiz.de/10010695960
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Gross loan flows
Craig, Ben; Haubrich, Joseph G. - Federal Reserve Bank of Cleveland - 2006
Changes in net lending hide the much larger and more variable gross lending flows. We present a series of stylized facts about gross loan flows and how they vary over time, bank size, and the business cycle. We look at both the intensive (increases and decreases) and extensive (entry and exits)...
Persistent link: https://www.econbiz.de/10005526597
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The changing role of banks and the changing value of deposit guarantees
Ritchken, Peter; Thomson, James; Popova, Ivilina - Federal Reserve Bank of Cleveland - 1995
Using a model for pricing deposit guarantees that treats the bank's investments as a portfolio of default-free bonds and risky loans, the authors push back uncertainty to the level of the borrowing firm and thus are able to explore how factors like firm leverage, loan maturity, and correlation...
Persistent link: https://www.econbiz.de/10005526623
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Are banks forward-looking in their loan loss provisioning? Evidence from the Senior Loan Officer Opinion Survey (SLOOS)
Balasubramanyan, Lakshmi; Thomson, James B; Zaman, Saeed - Federal Reserve Bank of Cleveland - 2013
stance, this may be suggestive of the largest banks being more engaged in earnings management and income smoothing than the …
Persistent link: https://www.econbiz.de/10011115685
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Loan sales as a response to market-based capital constraints
Carlstrom, Charles T.; Samolyk, Katherine A. - Federal Reserve Bank of Cleveland - 1993
A model of bank asset sales in which information asymmetries create the incentive for unregulated banks to originate and sell loans to other banks, rather than fund them with deposit liabilities. Private information implies that bankers can fund local loans only to the extent that their capital...
Persistent link: https://www.econbiz.de/10005428239
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Relationship loans and information exploitability in a competitive market: loan commitments vs. spot loans
Ergungor, Ozgur Emre - Federal Reserve Bank of Cleveland - 2000
Despite the numerous benefits of loan commitments, only 79% of the commercial and industrial loans are made under commitment. I show that two factors limit the use of loan commitments. First, because banks commit themselves to lend, they carry costly liquidity reserves to meet their obligations....
Persistent link: https://www.econbiz.de/10005428353