have higher mortgage delinquency and charge-off rates and significantly higher probabilities of failure during the last … stronger capital buffers. Our results suggest that there is scope for improved measures of mortgage loan risk that could be …

The 30-year fixed-rate fully amortizing mortgage (or "traditional fixed-rate mortgage") was a substantial innovation … accumulation, many lenders require large down payments. Second, in each monthly mortgage payment, homeowners substantially …. To resolve these three flaws, we propose a new fixed-rate mortgage, called the Fixed-Payment-COFI mortgage (or "Fixed …

Did government mortgage programs mitigate the adverse economic effects of the financial crisis? We find that counties … with greater participation in traditional government mortgage programs experienced less severe economic downturns during … lending had relatively smaller increases in mortgage delinquency rates; smaller declines in purchase originations, home sales …

mortgage rates. The Federal Reserve's accumulation of MBS and Treasury securities lowered MBS yields and mortgage rates by more …We conduct an empirical analysis of the Federal Reserve's large-scale asset purchases (LSAPs) on MBS yields and … Reserve must hold a substantial market share of agency MBS or of Treasury securities to significantly lower MBS yields and in …

We provide an empirical analysis of the effects of the Federal Reserve's asset holdings on MBS yields and mortgage … seem to have placed a significant downward influence on MBS yields and mortgage rates … rates. We argue that understanding the particulars of the U.S. mortgage markets, particularly the linkages between the …

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

The 30-year fixed-rate fully amortizing mortgage (or "traditional fixed-rate mortgage") was a substantial innovation … accumulation, many lenders require large down payments. Second, in each monthly mortgage payment, homeowners substantially …, refinancing mortgages is often very costly. We propose a new fixed-rate mortgage, called the Fixed-Payment-COFI mortgage (or …

€“expectations about the path of future house prices – affects the size and timing of provisions for first-lien residential mortgage …

We test for racial discrimination in the prices charged by mortgage lenders. We construct a unique dataset where we … observe all three dimensions of a mortgage's price: the interest rate, discount points, and fees. While we find statistically …

are much higher than those observed at any point in the 2000s. We describe in this paper how non-bank mortgage companies …