After a number of warning signs, the U.S. ""subprime mortgage crisis"" became a headline issue in February 2007 …. Notwithstanding the bankruptcy of numerous mortgage companies, historically high delinquencies and foreclosures, and a significant …

mortgage interest rate leads to a 20 percent decrease in a typical bank''s distance to default. Finally, we look at the cross …

which is between the house price cycles before the time of mortgage origination and LGD. The empirical analysis is based on … a large loan-level sub-prime residential mortgage loss dataset from 1998 to 2009. Results show that house price history …

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

This paper documents developments in mortgage credit and the housing sector in Latin America over the past decade, and … compares them with those of other emerging economies. In particular, it examines the real estate and mortgage markets to assess … whether (i) growth in mortgage credit is excessive compared to long-term trends; (ii) trends in house prices reflect changes …

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 …