downturn LGD, but data constraints do not usually allow for direct estimation of such a dependency. Both default rates and LGD …

the rate of return on savings and loan assets over the 1965-1991 period. It is found that it is determined by the mortgage …

This paper examines the impact of the U.S. monetary policy on the Subprime mortgage crisis using a modified taylor rule …

The 2008 financial crisis has its origins in the US real estate market. By means of purchases of US mortgage …

. First, it demonstrates that the bubble was a supply-side phenomenon attributable to an excess of mispriced mortgage finance …: mortgage-finance spreads declined and volume increased, even as risk increased—a confluence attributable only to an oversupply … of mortgage finance. Second, it explains the mortgage-finance supply glut as resulting from the failure of markets to …

conclude that it likely reflects differential treatment of black neighborhoods by the mortgage industry in ways that are …

Since February 2010, detailed information on every home mortgage default and foreclosure in New York State must be … Mortgage Disclosure Act (HMDA) enables us to identify the race and ethnicity of borrowers who defaulted on their home mortgages …