Showing 1 - 10 of 302
We study how intermediaries-mortgage servicers-shaped the implementation of mortgage forbearance during the COVID-19 … increased mortgage nonpayment but also reduced delinquencies outside of forbearance. Part of the liquidity from forbearance was …
Persistent link: https://www.econbiz.de/10013401863
Did Medicaid expansion under the Affordable Care Act affect the course of the COVID-19 pandemic? We answer this question using a regression discontinuity design for counties near the borders of states that expanded Medicaid with states that did not. Relevant covariates change continuously across...
Persistent link: https://www.econbiz.de/10012319274
The coronavirus outbreak raises the question of how central bank liquidity support affects financial stability and …
Persistent link: https://www.econbiz.de/10012224329
from renting to owning using an FHA-insured mortgage. In addition to calculating the fraction of these borrowers whose FHA … their homeownership without the need for an FHA mortgage. Another 20 percent are either in their original home or have moved … but continue to use an FHA mortgage. …
Persistent link: https://www.econbiz.de/10011806252
We analyze the effect of import competition on household balance sheets from 2000 to 2007 using individual data on consumer finances. We exploit variation in exposure to foreign competition using industry-level shipping costs and initial differences in regions' industry specialization. We show...
Persistent link: https://www.econbiz.de/10011708618
year while remaining seriously delinquent on their first mortgage. By comparison, about 40 percent of credit card borrowers … and 70 percent of auto loan borrowers will continue making payments a year after defaulting on their first mortgage …. -- mortgage ; second lien …
Persistent link: https://www.econbiz.de/10009580850
To bolster the effectiveness of the Small Business Administration's Paycheck Protection Program (PPP), the Federal Reserve, with the backing of the Secretary of the Treasury, established the Paycheck Protection Program Liquidity Facility (PPPLF). The facility was intended to supply liquidity to...
Persistent link: https://www.econbiz.de/10012625821
of the Danish mortgage finance system and compare and contrast it to the U.S. system. We also note characteristics of the … Danish model that may be of interest as the United States considers further mortgage finance reform. In particular, the … borrowers the option to repurchase their mortgage at the market price, mitigating "lock-in" effects. Danish mortgage …
Persistent link: https://www.econbiz.de/10011857417
evidence that CFPB oversight significantly reduces the overall volume of mortgage lending. However, we find some evidence of …
Persistent link: https://www.econbiz.de/10011868541
this model are consistent with preserving the “to-be-announced,” or TBA, market – particularly if the fixed-rate mortgage … remains a focus of public policy. -- GSE ; MBS ; mortgage …
Persistent link: https://www.econbiz.de/10008657189