In Austria, the share of foreign currency mortgages in total household debt has been increasing since the late 1990s … currency borrowers just less risk averse and better able to absorb risks than their domestic currency counterparts? We employ a … differences along risk buffers. Hence we estimate conditional counterfactual distributions in order to calculate the differences …

Program (HARP). We use a competing risk model to estimate the sensitivity of default risk to downward adjustments of borrowers …' monthly mortgage payments for a large sample of prime adjustable-rate mortgages. Applying a 26 percent average monthly payment … conforming adjustable-rate mortgages with loan-to-value ratios above 80 percent declines by 3.8 percentage points. If we assume …

understanding and monitoring the risk of the broad range of financial instruments, focusing on residential mortgages as an example. …

The Federal Reserve Bank of Chicago's supervision group follows current and emerging risk trends on an on-going basis …. This Risk Perspectives newsletter is designed to highlight a few current risk topics and some potential risk topics on the … list of the current or potential risk topics and should not be relied upon as such. We encourage each of our supervised …