affect housing investment and the economy through the cost of new mortgage borrowing and real payments on outstanding debt …

depends not just on their current level but also on their previous path. Using a household model of mortgage prepayment …

-linked mortgage-market data, we document that there is a “flypaper effect” of LSAPs, where the transmission of unconventional monetary …-eligible mortgage originations significantly more than the origination of GSE-ineligible mortgages. In contrast, QE2's focus on … facto allocation of credit across mortgage market segments, combined with sharp bunching around GSE eligibility cutoffs …

This paper investigates the impact of lower mortgage rates on household balance sheets and other economic outcomes … loans, which constitute the vast majority of U.S. mortgage borrowers. Relying on variation in the timing of resets of … adjustable rate mortgages, we find that a sizable decline in mortgage payments ($150 per month on average) induces a significant …

There has been much interest recently in the role of household long-term, mortgage, debt in the transmission of …

As the role of mortgage brokers in mortgage origination grew from insignificant in the 1980s to dominant in recent … regulated the business, largely by creating and tightening occupational licensing requirements for mortgage brokers. The … question of whether increased occupational licensing of mortgage brokers improves consumer outcomes is theoretically ambiguous …

the mortgage secondary market fostered by securitization has reduced the impact of local funding shocks on credit supply …

mortgage credit risk by Fannie Mae and Freddie Mac. We find that lenders charge Latinx/African-American borrowers 7.9 and 3 …