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mortgage market. The design of the Pooling and Service Agreement leads mortgage servicers to prefer foreclosure to modification …. Using a residential mortgage dataset, including loan-level information, we find that liquidity infusions from the Troubled …
Persistent link: https://www.econbiz.de/10012972902
This study examines the effect of the opioid epidemic on bank mortgage lending decisions. We find that mortgage loan …
Persistent link: https://www.econbiz.de/10014077926
Persistent link: https://www.econbiz.de/10003891543
interplay of Washington, Wall Street, and corrupt mortgage lenders. In Reckless Endangerment, Gretchen Morgenson, the star … curtain on Fannie Mae, the mortgage-finance giant that grew, with the support of the Clinton administration, through the 1990s … interplay of Washington, Wall Street, and corrupt mortgage lenders. In Reckless Endangerment, Gretchen Morgenson, the star …
Persistent link: https://www.econbiz.de/10009270985
substantial mortgage lender. In fact, ten years earlier it had converted from a mutual building society whose activities were …
Persistent link: https://www.econbiz.de/10011705347
Persistent link: https://www.econbiz.de/10003855324
We examine evidence for a systematic underperformance of Germany's state-owned banks in the current financial crisis and study if the bank losses can be traced to the quality of bank governance. For this purpose, we examine the biographical background of 593 supervisory board members in the 29...
Persistent link: https://www.econbiz.de/10003850179
This paper examines government policies aimed at rescuing banks from the effects of the financial crisis of 2008-2009. Governments responded to the crisis by guaranteeing bank assets and liabilities and by injecting fresh capital into troubled institutions. We employ event study methodology to...
Persistent link: https://www.econbiz.de/10013068754
This paper summarizes and compares the events associated with two financial crises separated by 100 years, occurring in 1907 and 2007-2009. The dynamics of both crises have much in common. The commonalities inform and enrich the theories and research on the dynamics of financial crises. And they...
Persistent link: https://www.econbiz.de/10013158012