Under the Community Reinvestment Act (CRA) banks can fulfill their affirmative obligation to meet local credit needs by … CRA credit for purchases has had its intended effect of increasing LMI credit availability by making LMI loans more liquid …

mortgage credit reduced delinquency on both mortgage and non-mortgage debt and increased their propensity to take out auto …Since the housing bust and financial crisis, mortgage lenders have introduced progressively higher minimum thresholds … for acceptable credit scores. Using loan-level data, we document the introduction of these thresholds, as well as their …

We provide new evidence that credit supply shifts contributed to the U.S. subprime mortgage boom and bust. We collect … original data on both government and private mortgage insurance premiums from 1999-2016, and document that prior to 2008 …

We document that banks reduce supply of jumbo mortgage loans when policy uncertainty increases as measured by the …, the findings suggest that policy uncertainty has a real effect on residential housing markets through banks' credit supply …

We construct a new measure of mortgage credit availability that describes the maximum amount obtainable by a borrower … that it reflects a binding borrowing constraint. Our estimates reveal that the expansion of mortgage credit during the … of given characteristics. We estimate this "loan frontier" using mortgage originations data from 2001 to 2014 and show …

of these new channels by considering two different shocks linked to the supply of mortgage credit: an increase in the …Two key channels that allowed the 2007-2009 mortgage crisis to severely impact the real economy were: a housing net … channel, which reduced the ability of financial intermediaries to provide credit. To capture these features of the Great …

We study the evolution of US mortgage credit supply during the COVID-19 pandemic. Although the mortgage market … frictions and operational bottlenecks contributed to unusually inelastic credit supply, and that technology-based lenders … guarantees and loans to the riskiest borrowers. Mortgage-backed securities purchases by the Federal Reserve also supported the …

This paper examines the mechanism through which banking sector distress affects the availability of credit. We use the … Commerce regarding the availability of credit, and examine which aspects of the banking system collapse affected credit … availability as indicated by the survey. A number of scholars have posited different ways that bank distress constrained credit …

Our paper studies the role of the collateral channel for bank credit using confidential bank-firm-loan data. We … higher growth in bank lending with higher sensitivities for more credit constrained firms. Higher real estate values boost …