Showing 1 - 10 of 89
Persistent link: https://www.econbiz.de/10013342551
We document the emergence of a disconnect between mortgage and Treasury interest rates in the summer of 2003. Following the end of the Federal Reserve expansionary cycle in June 2003, mortgage rates failed to rise according to their historical relationship with Treasury yields, leading to...
Persistent link: https://www.econbiz.de/10012030332
This paper describes the status, challenges and scope for strengthening surveillance of chronic disease risk factors …, morbidities and mortality in India. We draw upon the surveillance experience of four selected States of India namely Uttar Pradesh … governance. The public health system is grappling with resource constraints but there is room for more efforts to undertake …
Persistent link: https://www.econbiz.de/10011807861
We study the effects of securitization on renegotiation of distressed residential mortgages over the current financial …-modification default rates by 9% (3.5% in absolute terms). Our findings support the view that frictions introduced by securitization create …
Persistent link: https://www.econbiz.de/10010292147
for the low number of modifications to date than contract frictions related to securitization agreements between servicers …
Persistent link: https://www.econbiz.de/10010292331
This paper presents a monetary-theoretic model to study the implications of networks' collection of personal identifying data and data security on each other's incidence and costs of identity theft. To facilitate trade, agents join clubs (networks) that compile and secure data. Too much data...
Persistent link: https://www.econbiz.de/10010292313
Spreads on sovereign bonds are at an all-time low, at least since the current era of emerging economy bond markets began in the 1990s. This paper examines the current state of the international and domestic bond markets and asks whether the current favorable trends will constitute a durable...
Persistent link: https://www.econbiz.de/10010327187
The roles of Fannie Mae and Freddie Mac have become increasingly controversial in the modern world of residential mortgage finance. The authors describe the special features of these two companies and their roles in the mortgage markets and then discuss the controversies that surround the...
Persistent link: https://www.econbiz.de/10010397657
) the systemic exploitation of inequality via novel and toxic forms of securitisation. In effect, the power structure of …
Persistent link: https://www.econbiz.de/10010280779
Longstanding speculation about the likelihood of a housing market collapse has given way in the past few months to consideration of just how far the housing market will fall, and how much damage the debacle will inflict on the economy. This paper assesses the magnitude of the impact of housing...
Persistent link: https://www.econbiz.de/10010266555