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 …

excess rate of a mortgage after accounting for borrower, contract, and regional characteristics. These effects are stronger … for mortgages sold to less sophisticated consumers. We exploit regional variation in mortgage advertising induced by the …

Shadow bank market share in residential mortgage origination nearly doubled from 2007-2015, with particularly dramatic … increases in regulatory burden –capital requirements, mortgage servicing rights, mortgage-related lawsuits, and the movement of …, they seem to use different information to set interest rates. A quantitative model of mortgage lending suggests that …