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

researchers to depend on data from insurance company portfolios or the commercial mortgage backed securities (CMBS) market …

in the foreclosure process affects mortgage lending decisions and standards. Difference-in-differences estimations using … a state border design show that ZL incentivizes lenders to screen mortgage applications more carefully: they deny more …

commercial mortgage market …

We provide new evidence that credit supply shifts contributed to the U.S. subprime mortgage boom and bust. We collect … original data on both government and private mortgage insurance premiums from 1999-2016, and document that prior to 2008 …

We construct a new measure of mortgage credit availability that describes the maximum amount obtainable by a borrower … of given characteristics. We estimate this "loan frontier" using mortgage originations data from 2001 to 2014 and show … that it reflects a binding borrowing constraint. Our estimates reveal that the expansion of mortgage credit during the …

We examine the closeness of relationships between households and their mortgage lenders using survey data which provide …. Our analysis is based on a sample of 470 households which have a mortgage and multiple bank relations, allowing us to … compare mortgage relations and non-mortgage relations for the same households. We find that mortgage relations are used for a …