towards mortgage indebtedness. We find that a given debt burden creates much higher distress in countries with fewer mortgage … holders relative to countries where a significant part of households uses mortgage debt. This effect is net of ppp …. - Mortgage debt ; credit markets ; financial distress ; household finance ; peer effects …

In this paper we examine the effects of limited liability on mortgage dynamics. While the literature has focused on …

reallocation increased the riskiness of banks' mortgage lending. …

increase with the mortgage interest rate. These theoretical results are supported by empirical analysis, which also shows that …

We study the effect of changes to bank-specific capital requirements on mortgage loan supply with a new loan …

We examine the link between issuer reputation and mortgage-backed security (MBS) performance using a sample of 4 …

behaviour of Italian mortgage lenders using a novel loan-level dataset. When policy rates turn negative, banks with higher …

-sponsored mortgage guarantees by Fannie Mae and Freddie Mac. …

This paper studies how mortgage borrowers and house prices react to a tightening of mortgage limits following a policy … leverage (LTV) of the mortgage. Using a difference-in-difference methodology, I find that groups of (poorer) borrowers, who …-to-value threshold, responded primarily by reducing the LTV of the mortgage. Borrowers who purchase cheaper houses could be buying …