mortgage payments and increasing their contributions to tax-deferred accounts (TDA). Using data from the Survey of Consumer … Finances, we show that about 38% of U.S. households that are accelerating their mortgage payments instead of saving in tax …

The U.S. mortgage market has experienced phenomenal change over the last 35 years. This paper develops and implements a … technique for assessing the impact of changes in the mortgage market on households. Our framework, which is based on the …

Technology-based ("FinTech") lenders increased their market share of U.S. mortgage lending from 2% to 8% from 2010 to … 2016. Using market-wide, loan-level data on U.S. mortgage applications and originations, we show that FinTech lenders … process mortgage applications about 20% faster than other lenders, even when controlling for detailed loan, borrower, and …

mortgage design interact with monetary policy? We answer these questions using a quantitative equilibrium life cycle model with … policy. Designs that raise mortgage payments in booms and lower them in recessions do better than designs with fixed mortgage … reductions over the life of the mortgage. Front-loading alleviates household liquidity constraints in states where they are most …

leverage, precautionary saving in liquid assets and illiquid home equity, debt repayment, mortgage refinancing, and default …

We document the portfolio activity of federal housing agencies and provide evidence on its impact on mortgage markets … in agency mortgage holdings. Based on those regulatory events that we classify as unrelated to short-run cyclical or … credit market shocks, we find that an increase in mortgage purchases by the agencies boosts mortgage lending, in particular …

Academic research, government inquiries, and press accounts show extensive mortgage fraud during the housing boom of … the mid-2000s. We explore a particular type of mortgage fraud: the overstatement of income on mortgage applications. We … define “income overstatement” in a zip code as the growth in income reported on home-purchase mortgage applications minus the …

course of the 20th century, driven by a sharp rise of mortgage lending to households. Household debt to asset ratios have …