limit on residential mortgage loans in the Interest Act. That said, the availability and cost of residential loans for prime …

sheets overvalue real estate-related assets compared to the market value of these assets, especially during the U.S. mortgage … crisis. Share prices of banks with large exposure to mortgage-backed securities also react favorably to recent changes in … use discretion in the classification of mortgage-backed securities to inflate their books. Our results indicate …

past two decades. It finds that (i) mortgage markets have experienced rapid development, which has led to lower private per …