An expansion in mortgage credit to subprime borrowers is widely believed to have been a principal driver of the 2002 … purchase mortgages to subprime borrowers. We also document that the expansion in speculative mortgage products and underwriting …

An expansion in mortgage credit to subprime borrowers is widely believed to have been a principal driver of the 2002 … price appreciation lowered the transition rate into first-time homeownership for subprime individuals. Finally, the paper …

In response to the wave of residential mortgage foreclosures in the past few years, federal, state and local government … seeks to estimate the negative effects of residential mortgage foreclosures. This review suggests that foreclosed properties …

We study the relationship between the labor market for loan officers and access to credit in the residential mortgage … market. Using novel data matching the (near) universe of mortgage applications to loan officers, we find that minorities are … significantly underrepresented among mortgage loan officers. Minority borrowers are less likely to complete mortgage applications …

Federal Housing Administration (FHA) mortgage insurance program. The suits led to more than $5 billion in settlements and … exit has significantly reduced low-income households' overall access to mortgage credit. …

these GSEs as mortgage market conditions deteriorated in 2007 and 2008. The analysis focuses on a key element of OFHEO …

in subprime private-label mortgage-backed securities (PLS), influenced the risk characteristics and prices of the deals … and Freddie Mac purchased securities included separate mortgage pools: one specifically created for the GSEs and one or … and Freddie Mac had similar ex-ante risk characteristics but performed much better ex-post relative to other mortgage …