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Using loan-level mortgage data merged with consumer credit records, we examine the ability of the government to impact … mortgage refinancing activity and spur consumption by focusing on the Home Affordable Refinance Program (HARP). The policy … interventions, pass-through of monetary policy through household balance-sheets and design of the mortgage market …
Persistent link: https://www.econbiz.de/10013016652
Using proprietary loan-level data, we examine the ability of the government to impact mortgage refinancing activity and … mortgage market …
Persistent link: https://www.econbiz.de/10012457156
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mortgage market and assesses the prepayment and default performance of these cash-out refinance loans relative to the rate of …
Persistent link: https://www.econbiz.de/10014050457
We analyze more than 74,000 home equity loans and lines of credit to study the role of information asymmetry. This credit market is characterized by borrowers who face a menu of contract options with varying collateral requirements and prices. Our results show that a less credit worthy applicant...
Persistent link: https://www.econbiz.de/10013026832
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Using loan-level mortgage data merged with consumer credit records, we examine the ability of the government to impact … mortgage refinancing activity and spur consumption by focusing on the Home Affordable Refinance Program (HARP). The policy … interventions, pass-through of monetary policy through household balance-sheets and design of the mortgage market …
Persistent link: https://www.econbiz.de/10012856000
Persistent link: https://www.econbiz.de/10014319949