mortgage finance. We describe the special features of these two companies and their roles in the mortgage markets. We then …

This paper examines two major forces that may soon increase competition in the U.S. secondary conforming mortgage … market: 1) the expansion of Federal Home Loan Bank mortgage purchase programs, and 2) the adoption of revised risk …

stabilization of the homeowner’s net wealth, price the instruments, and quantify the expected decrease in the mortgage default risk …

losses on defective loans that had been sold to securitisers of pooled loan packages (ie, mortgage-backed securities). It …

We show that since 1994, branching deregulations in the U.S have signi…cantly af-fected the supply of mortgage credit …, and ultimately house prices. With deregulation,the number and volume of originated mortgage loans increase, while denial … rates fall.But the deregulation has no effect on a placebo sample, formed of independent mort-gage companies that should not …

significantly stronger in those countrieswith larger flexibility/development of mortgage markets; third, the transmission … toconsumption is stronger only in those countries where mortgage equity release iscommon and mortgage contracts are predominantly of …