estimates of their creditworthiness. This contrasts sharply with mortgage markets where lenders specialize in specific risk … categories of borrowers and mortgage supply is stepwise linear. The contrast between continuous lending for personal loans and … discrete lending by specialized lenders for mortgage credit has led to concerns regarding the efficiency and equity of mortgage …

This paper examines the nature of mortgage credit rationing across geographic markets and time. Particular attention is … paid to the response of conventional mortgage supply to higher risk conditions associated with regional recessions. We … applications, as well as FHA and conventional rejection rates. Results of these four tests indicate that conventional mortgage …

allocations have shown significantly lower shares for real estate. The strong performance of the stock market, growth in household … mortgage and commercial mortgage have made real estate an increasingly important component in debt market. The prominence of …

the Federal Home Ownership and Equity Protection Act (HOEPA) by including home purchase and open-end mortgage credit, by …

Subprime mortgage lending has grown rapidly in recent years and with it, so have concerns about predatory lending. In …

balloon payments. These laws function alone or alongside more comprehensive mini-HOEPA laws. As home mortgage default and …The subprime mortgage market, which consists of high-cost loans designed for borrowers with weak credit, has grown … others in the mortgage industry claim that the laws drive up the cost and reduce the availability of credit, especially to …

mortgage markets. Aggregating loan originations to the MSA level, we examine the proportion of the market served by FHA and …

the Federal Home Ownership and Equity Protection Act (HOEPA) by including home purchase and open end mortgage credit, by …