We estimate holdings of highly-rated tranches of mortgage securitizations of American deposit-taking banks ahead of the …-rated tranches were economically trivial for the typical bank, but banks with greater holdings performed more poorly during the …-rated tranches are not higher for banks with large trading books in regressions that control for bank size. The ratio of highly …

. Theory offers competing hypotheses about how competition ought to influence firm entry and access to bank credit by mature …This paper tests how competition in local U.S. banking markets affects the market structure of non-financial sectors …

view of the mortgage loan industry throughout the 1920s and early '30s. Combining this with the stories of those involved …

increased credit to unaffected parts of the conforming-mortgage market. Banks responded by reallocating provision of speculative … mortgage credit across their local markets, which in turn affected their provision of small business credit. These adjustments …

Voters punish incumbent Presidential candidates for contractions in the local (county-level) supply of mortgage credit … during market-wide contractions of credit, but they do not reward them for expansions in mortgage credit supply in boom times …. Our primary focus is the Presidential election of 2008, which followed an unprecedented swing from very generous mortgage …

We analyze mortgage lenders' behavior with respect to shale gas risk during the period of the U.S. shale gas boom … scrutiny, to $3,137, or 1.6% of profit earned on an average mortgage, afterwards. Our approach provides an alternative to the … decisions of mortgage professionals …

conclude that the HOLC's redlining maps had little effect on the geographic distribution of either program's mortgage market …