defaulters have both negative equity and enough liquid or illiquid assets to make one month's mortgage payment. This finding …

We study the evolution of US mortgage credit supply during the COVID-19 pandemic. Although the mortgage market …

We study the evolution of US mortgage credit supply during the COVID-19 pandemic. Although the mortgage market … guarantees and loans to the riskiest borrowers. Mortgage-backed securities purchases by the Federal Reserve also supported the …

done to stop it. We use an economic model to focus on two key decisions: the borrower's choice to default on a mortgage and … illustrate that unaffordable loans, defined as those with high mortgage payments relative to income at origination, are unlikely …

We study the evolution of US mortgage credit supply during the COVID-19 pandemic. Although the mortgage market … guarantees and loans to the riskiest borrowers. Mortgage backed securities purchases by the Federal Reserve also supported the …

Millions of Americans have negative housing equity, meaning that the outstanding balance on their mortgage exceeds …

The U.S. mortgage market links homeowners with savers all over the world. In this paper, we ask how much of the flow of … mortgage servicing costs and an increased legal and regulatory burden. Taken together, the sensitivity to volume and the …

A leading explanation for the lack of widespread mortgage renegotiation during the financial crisis is the existence of … frictions in the mortgage securitization process. This paper finds little evidence that the securitization process impeded the … representative dataset on seriously delinquent mortgage borrowers from the first quarter of 2005 through the third quarter of 2008 …

borrowing and lending in the future, but technology has been reshaping consumer and mortgage lending for many years. During the … 1990s computerization allowed mortgage lenders to reduce loan-processing times and largely replace human-based assessment … properties to owner-occupied ones, but did not have large effects on housing prices. Technological innovation in mortgage …

We study the evolution of US mortgage credit supply during the COVID-19 pandemic. Although the mortgage market … guarantees and loans to the riskiest borrowers. Mortgage-backed securities purchases by the Federal Reserve also supported the …