We study the feedback from the risk of outstanding mortgage-backed securities (MBS) on the level and volatility of …

the quality of their portfolio, but also contracting their supply of mortgage credit. We reach this conclusion by …-country evidence. In turn, our analysis narrows down to one particular policy in the mortgage market, and dissects its effects by …

We document that banks reduce supply of jumbo mortgage loans when policy uncertainty increases in their headquarter …

We show that banks reduce the supply of jumbo mortgage loans when policy uncertainty increases, as measured by the …

relying on the use of micro-level data on US mortgage loan applications, which allows me to identify liquidity risk as an … important determinant of the contraction of credit in the mortgage market, but as separate from the precipitous fall in credit …

How has the CCB affected mortgage pricing after Switzerland became the first country to activate this Basel III … macroprudential tool? By analyzing a database with several offers per mortgage request, we construct a picture of mortgage supply and … demand. We find, first, that the CCB changes the composition of mortgage supply, as relatively capital-constrained and …

We identify the causal effect of house prices on mortgage demand and supply in Switzerland by exploiting exogenous … mortgage amounts. The full partial correlation of 0.78% suggests also positive feedback from mortgage volumes to house prices …. While we find higher house prices to increase mortgage demand, banks respond if anything with fewer offers and higher rates …