This paper studies a largely overlooked and important segment of the mortgage market in explaining the recent financial …

devaluation and the economic response policies on subsequent indexation of the mortgage rates on prepayment and default patterns … borrowers who are relatively wealthy or have a US$-denominated mortgage. On the other hand, we observe a significantly higher … default rate of borrowers who are less wealthy or have Peso-denominated mortgage …

mortgage market. The design of the Pooling and Service Agreement leads mortgage servicers to prefer foreclosure to modification …. Using a residential mortgage dataset, including loan-level information, we find that liquidity infusions from the Troubled …

emphasis on the US mortgage markets, as they were the epicenter of this crisis. We synthesize the insights the literature …

Nearly a third of all families purchasing new homes in 2006 obtained a mortgage from a financing company owned or … affiliated with a large homebuilder. Corporate parent profits from both the sale of the house and from financing the mortgage …, which may lead to less screening of borrowers and mortgage terms to get the deal done. In this paper, we use loan-level data …