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

We show that the lightly regulated non-bank mortgage originators contributed disproportionately to the recent boom …-bust housing cycle. Using comprehensive data on mortgage originations, which we aggregate at the county level, we first establish … participation by these lenders is associated with increased foreclosure filing rates at the onset of the housing downturn. We …

a large loan-level sub-prime residential mortgage loss dataset from 1998 to 2009. Results show that house price history …This paper studies the impact of housing market cycles on loss given default (LGD). Previous studies have shown that … which is between the house price cycles before the time of mortgage origination and LGD. The empirical analysis is based on …

This Technical Note discusses key findings of the insolvency and creditor rights assessment for Lithuania. Lithuania … area of corporate insolvency, the Enterprise Bankruptcy Law and the Law on Restructuring of Enterprises are generally …

1999 to 2007. It looks at mortgage indebtedness, various characteristics of loans for house purchase, the funding of such …

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. …

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 …