life-cycle profile of home ownership, and the mortgage default rate. The average coefficients that measure the agents …

equilibrium model and show that although monetary easing decreases the mortgage payment burden, it would raise house prices, lower …

We present an analysis of the sensitivity of household mortgage probabilities of default (PDs) and loss given default … counterfactual analysis of the responsiveness of mortgage PDs, LGDs, and bank capitalization conditional on adverse scenarios related …

We use UK transaction-level data during the Covid-19 pandemic to study whether mortgage payment holidays (PH) can act … as a mechanism for smoothing household consumption following negative aggregate shocks. Our results suggest that mortgage … mortgage PH led to higher saving rates for more financially-stable households …

that mortgage lending boosted by expansionary monetary policy is driving up house prices. But theory suggests the value of … incomes and financial assets play a larger role. Policy experiments suggest that a gradual phasing out of mortgage interest …

Nonlocal mortgage lenders with greater exposure to high-growth housing markets accept fewer loan applications in these … lenders’ exposure to high-growth markets is associated with more risk, more efficiency, and more return on mortgage portfolios …

-up to the 2007-09 global financial crisis; (2) the increase in housing demand in response to lower mortgage interest rates …