We explore the effects of mandatory third-party review of mortgage contracts on consumer choice--including the terms … and demand for mortgage credit. Our study is based on a legislative pilot carried out by the State of Illinois in a … selected set of zip codes in 2006. Mortgage applicants with low FICO scores were required to attend loan reviews by financial …

exploit the richness of our data and measure the relative expensiveness of a given mortgage as the excess rate of a mortgage … after accounting for a broad set of borrower, contract, and regional characteristics associated with a given mortgage … mortgage advertising induced by the entry of Craigslist across different regions to demonstrate that the relation between …

Canadian mortgage market. Since interest rates are determined through a search and negotiation process, consolidation …

flexible way. The model is estimated using a newly assembled data set that matches demographic information from mortgage …

This paper quantifies the scale and scope of the commercial real estate mortgage bond market in the period surrounding … the 1920s in an attempt to better understand the role of retail mortgage debt in early urban development. In particular … utilizes a unique data set to construct a commercial mortgage price index over the period 1926-1935. A substantial retail …

We present evidence that high concentration in local mortgage lending reduces the sensitivity of mortgage rates and … refinancing activity to mortgage-backed security (MBS) yields. A decrease in MBS yields is typically associated with greater … refinancing activity and lower rates on new mortgages. However, this effect is dampened in counties with concentrated mortgage …

of recent U.S. house price appreciation and subsequent mortgage defaults. We identify the effect of shifts in the supply … of mortgage credit by exploiting within-county variation across zip codes that differed in latent demand for mortgages in … which we refer to as "disintermediation." The increase in disintermediation-driven mortgage supply to high latent demand zip …