Showing 1 - 10 of 436
underperformance (high mortgage defaults and losses and large rating downgrades) among deals with observably higher risk mortgages …
Persistent link: https://www.econbiz.de/10010287069
, constituting the most valuable asset owned by most households and often requiring housing finance (mortgages) to allow for purchase …The paper provides a review of the literature that links housing, housing finance, and economic development. The …. These links - between housing and the economy and between housing and housing finance - are explored in this review paper …
Persistent link: https://www.econbiz.de/10010507405
We study third-party loan guarantees in a model in which lenders can screen, learn loan quality over time and can sell loans before maturity when in need of liquidity. Loan guarantees improve market liquidity and reduce lending standards, with a positive overall welfare effect. Guarantees...
Persistent link: https://www.econbiz.de/10014278480
Our world is evolving at an incredibly enormous speed and what was impossible three years ago is now a reality. The concept of leadership and leaders has also undergone profound transformations. Moreover, the recent COVID-19 pandemic caused a digital surge in the ways economic life, business, or...
Persistent link: https://www.econbiz.de/10013199990
Blockchain is considered by many to be a disruptive core technology. Although many researchers have realized the importance of blockchain, the research of blockchain is still in its infancy. Consequently, this study reviews the current academic research on blockchain, especially in the subject...
Persistent link: https://www.econbiz.de/10012602822
We study the effects of securitization on renegotiation of distressed residential mortgages over the current financial … 36% more likely to be renegotiated than comparable securitized mortgages (4.2 to 5.7% in absolute terms). Also …
Persistent link: https://www.econbiz.de/10010292147
show that the majority of delinquent mortgages do not enter any loss mitigation program or become a part of foreclosure …
Persistent link: https://www.econbiz.de/10010292190
the reliability of residential mortgage finance in the wake of the subprime mortgage crisis. This paper describes the …
Persistent link: https://www.econbiz.de/10010292336
The last decade has brought about substantial mortgage innovation and increased refinancing. The objective of this paper is to understand the determinants and implications of mortgage choice in the context of a general equilibrium model with incomplete markets. The equilibrium characterization...
Persistent link: https://www.econbiz.de/10010292368
This paper analyses the relationship between female labour market participation and mortgage commitments in life-cycle set up. In particular it examines whether a mortgage qualification constraint has any effect on female labour market participation. This is done by conditioning on the mortgage...
Persistent link: https://www.econbiz.de/10010293082