Similar Search Results

Pavlov, Andrey D.; Wachter, Susan M.; Zevelev, Albert Alex - In: Journal of financial services research : JFSR 49 (2016) 2/3, pp. 265-280

Persistent link: https://www.econbiz.de/10011592094

The American mortgage in historical and international context

Green, Richard K.; Wachter, Susan M. - In: The journal of economic perspectives : EP ; a journal … 19 (2005) 4, pp. 93-114

Persistent link: https://www.econbiz.de/10003258720

Special issue: Subprime mortgage lending

Green, Richard D. (contributor); … - 2008

Persistent link: https://www.econbiz.de/10003799727

The Inevitability of Market-Wide Underpricing of Mortgage Default Risk

Pavlov, Andrey D.; Wachter, Susan M. - 2012

Lenders are frequently accused of mispricing the put option imbedded in non-recourse lending (Herring and Wachter, 1999 and 2003). Prior research (Pavlov and Wachter, 2004) shows one lender's incentives to underprice. Here we identify the conditions for a market-wide underpricing equilibrium. We...

Persistent link: https://www.econbiz.de/10014057396

Mortgage Default Option Mispricing and Procyclicality

Davidson, Andrew - 2013

This paper addresses the expansion and performance of non-standard mortgage lending products to better understand the …

Persistent link: https://www.econbiz.de/10013080310

Information Failure and the U.S. Mortgage Crisis

Levitin, Adam J. - 2012

information failure caused by the complexity and heterogeneity of private-label mortgage-backed securities and structured finance … products. Addressing the informational problems with mortgage securitization is critical not just for avoiding future housing … bubbles but for rebuilding American housing finance. The continued availability of the long-term fixed-rate mortgage, which …

Persistent link: https://www.econbiz.de/10013115637

Anisotropic autocorrelation in house prices

Gillen, Kevin; Thibodeau, Thomas G.; Wachter, Susan M. - In: The journal of real estate finance and economics 23 (2001) 1, pp. 5-30

Persistent link: https://www.econbiz.de/10001614531

Subprime lending and real estate prices

Pavlov, Andrey D.; Wachter, Susan M. - In: Real estate economics : journal of the American Real … 39 (2011) 1, pp. 1-17

Persistent link: https://www.econbiz.de/10008909538

Real estate prices in Beijing, 1644 to 1840

Raff, Daniel M. G.; Wachter, Susan M.; Yan, Se - In: Explorations in economic history : EEH 50 (2013) 3, pp. 368-386

Persistent link: https://www.econbiz.de/10010211419

Subprime Lending and Real Estate Prices

Pavlov, Andrey D. - 2012

This paper establishes a theoretical and empirical link between the use of aggressive mortgage lending instruments … availability of aggressive mortgage lending instruments magnifies the real estate cycle and the effects of fundamental demand …

Persistent link: https://www.econbiz.de/10013115782