borrower types and provides better pricing. We test the effectiveness of a specific set of contracts in the mortgage market …: mortgage points. Points allow borrowers to exchange an upfront amount for a decrease in the mortgage rate. We document that, on … overestimate how long they will stay with the mortgage …

Political Action Committees of the largest mortgage servicing banks to the committee members in that period and is comparable to …

mortgage products. We identify this activity by comparing borrowers who were rejected by lenders but were subsequently approved …

Using proprietary loan-level data, we examine the ability of the government to impact mortgage refinancing activity and … mortgage market …