. First, it demonstrates that the bubble was a supply-side phenomenon attributable to an excess of mispriced mortgage finance …: mortgage-finance spreads declined and volume increased, even as risk increased—a confluence attributable only to an oversupply … of mortgage finance. Second, it explains the mortgage-finance supply glut as resulting from the failure of markets to …

, securitization and bank risk-taking in a context of the rapid growth in off-balance-sheet activities. The data come from the Canadian … financial sector. Evidence from the 1988-1998 period indicates that: (a) securitization has a negative statistical link with … securitization and bank risk-taking. Profit-risk measure is more sensitive than loss-risk measure to the variation in securitization …

We build a general equilibrium model of bank competition in which securitization is the banks�optimal choice. A …

This article analyses the effect of security price on the behaviour of bank securitization. We present a model of bank … securitization in which security price together with liquid constraints create the incentive for banks to originate and sell assets … incentive to conduct strategic securitization and the moral hazard problem is serious. Our main idea has been supported by the …

By using data from 8 depository institutions in Turkey we evaluate the drivers of securitization between 2004 and 2009 …. Our analysis shows that previous period securitization as well as bank equity, level of profits and asset size are …’s securitization in capital markets. Again, bank size, profitability and equity are also explanatory variables in making these accurate …

" borrowers with uncertain future income flows. Currently, we simplify the securitization as a tool to raise capital without cost …