macroprudential standards for mortgage lending while undertaking tax reforms to gradually reduce incentives for excessive leverage …

stability. The rise in household debt and the banking system’s increased exposure to mortgage debt resulted with the changes …

legislative and institutional reforms leading to the development of primary and secondary mortgage markets and reports the main … outlook for the Mexican RMBS market and draws some lessons from the recent U.S. subprime mortgage market problems. …

life-cycle profile of home ownership, and the mortgage default rate. The average coefficients that measure the agents …

This paper links the current sub-prime mortgage crisis to a decline in lending standards associated with the rapid … declines in lending standards by incumbent banks. Finally, lending standards declined more in areas with higher mortgage …

observed in the quality of consumer loan portfolio, the foreign exchange mortgage loan portfolio also presents vulnerabilities …

market. The government improved the legal environment for mortgage finance by passing reforms that reduced the average time … facilitating mortgage securitization. …

credit during the financial crisis in the United States. We focus on mortgage lending to minimize the impact of confounding … credit. The disaggregated data on mortgage applications that we use allows us to study the time variations in banksâ …€™ decisions to grant mortgage loans, while controlling for bank, borrower, and regional characteristics. The wealth of data also …