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 …

Using unique nationwide property-level mortgage, flood risk, and flood map data, we analyze whether lenders respond to … securitize/sell mortgages to borrowers prone to flood risk. Taken together, our results are indicative that mortgage lenders are …

We study credit ratings on subprime and Alt-A mortgage-backed-securities (MBS) deals issued between 2001 and 2007, the … period leading up to the subprime crisis. The fraction of highly rated securities in each deal is decreasing in mortgage … underperformance (high mortgage defaults and losses and large rating downgrades) among deals with observably higher risk mortgages …

evidence that CFPB oversight significantly reduces the overall volume of mortgage lending. However, we find some evidence of …

and 2007 nonprime vintages becomes more understandable. -- Housing ; mortgage default ; subprime mortgages …

lending constraints in the mortgage market. This view on the fundamental drivers of the boom is consistent with four empirical …, and the fall in mortgage rates. These facts are difficult to reconcile with the popular view that attributes the housing …

almost half of purchase mortgage originations were associated with investors. In part by apparently misreporting their …