We study how deposit competition affects a bank’s decision to securitize mortgages. Exploiting the state …-specific removal of deposit market caps across the US as a source of competition, we find a 7.1 percentage point increase in the … probability that banks securitize mortgage loans. This result is driven by an 11 basis point increase in deposit costs and …

. Although competition reduces firm revenues and benefits consumers initially, shrouding helps banks offset the vast majority of …

Bank competition can induce excessive risk taking due to risk shifting. This paper tests this hypothesis using micro …-level U.S. mortgage data by exploiting the exogenous variation in local house price volatility. The paper finds that, in … response to high expected house price volatility, banks in U.S. counties with a competitive mortgage market lowered lending …

digital capital can better withstand competition from traditional banks, especially among high-FICO borrowers, non … later in the sample period, suggesting that fintech lenders improve financial inclusion to circumvent direct competition …

We analyze link between mortgage-related regulatory penalties levied on banks and the level of systemic risk in the U …

The application, or to be more precise, the misapplication of securitization in the mortgage market had fatal …

This paper presents a framework for estimating losses in the residential real estate mortgage portfolios of German …-trigger hypothesis of mortgage defaults. In order to analyse the possible credit losses stemming from residential mortgage lending we … to 2020 for the whole German banking sector. Our results show that loss rates in the residential mortgage portfolios of …

% for home-owning households and 40% for mortgage holders. Even though defaults have so far been limited, mortgage …

We document that banks reduce supply of jumbo mortgage loans when policy uncertainty increases as measured by the …

improve competition in the SME credit market and to boost credit provision to SMEs in the medium term. Sustainable financing …