In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale … mortgage distress on house prices. …

2005 and competition among mortgage lenders. The mortgage lending business, especially with the rise of the originate …-to-distribute model, had competitors with very different non-mortgage activities and regulation. I show that in local markets, when banks … increased their share of mortgages relative to lenders such as mortgage brokers, home prices started increasing at a faster pace …

This paper examines racial disparities in mortgage processing time prior to the global financial crisis. We find that … segments of mortgage markets, faster lenders within each segment, and the types of loan products that are processed faster, all …

-sponsored enterprises. We construct a model with competitive housing and mortgage markets in which the government provides banks with … insurance against aggregate shocks to mortgage default risk. We use this model to evaluate aggregate and distributional impacts … equilibrium housing investment, higher mortgage default rates, and lower welfare. The welfare effects of this policy vary …

done to stop it. We use an economic model to focus on two key decisions: the borrower's choice to default on a mortgage and … illustrate that unaffordable loans, defined as those with high mortgage payments relative to income at origination, are unlikely …

discussions of the mortgage market to see what market participants thought would happen, the authors find that analysts, on the …