Showing 1 - 10 of 2,069
. In this paper, we use account-level data from LendingClub and Y-14M data reported by U.S. banks with assets over $50 …€™s consumer lending activities have penetrated areas that may be underserved by traditional banks, such as in highly concentrated …
Persistent link: https://www.econbiz.de/10011891828
Chinese banks have sought ways to rapidly expand lending in light of strict regulatory mandates to reduce official … collateralize repurchases remain a channel for banks to increase their balance sheet and reduce official lending. Many banks even … classify repurchase lending underneath the heading of lending to banks. As back door lending funds roll-overs and commodity …
Persistent link: https://www.econbiz.de/10013033802
Prior to 2018, accounting rules required banks that recognize financial liabilities at fair value to record unrealized … gains and losses on the liabilities attributable to changes in the banks' own credit risk, referred to as the debt valuation … adjustment (DVA), in earnings each period. Using a comprehensive sample of publicly traded European banks during 2007–2015, we …
Persistent link: https://www.econbiz.de/10012902264
Amid the global COVID-19 crisis, governments worldwide introduced measures to support private enterprises. This study utilizes a newly curated panel database, encompassing the financial records of firms in Peru, to investigate the impact of a substantial governmentbacked loan guarantee program,...
Persistent link: https://www.econbiz.de/10014368450
In this paper we review the pricing and model calibration of Credit Default Swaps referring to both the International Swaps and Derivatives Association (ISDA) CDS contract and credit model standardization guidelines. Furthermore we provide an Excel pricing workbook to supplement the materials...
Persistent link: https://www.econbiz.de/10012925163
We analyze a model of mortgage markets, housing tenure choice, heterogeneous agents, and default with closed form solutions. We uncover new insights which may inspire empirical work, and we ground already-established insights in a series of tractable expressions. Then we study optimal LTV...
Persistent link: https://www.econbiz.de/10012972322
This paper summarises the results of a joint research project by eight central banks in the Americas region to evaluate …
Persistent link: https://www.econbiz.de/10012956519
portfolio granted by banks, decreased by 26.1% for an average MFI for the period 2011-2018. …
Persistent link: https://www.econbiz.de/10012285081
This paper analyses the effect of soaring demand in the lending market shortly before a fi nancial crisis (hereinafter "credit run"). A credit run affects the asset correlation, which is one of the main parameters in the Internal Ratings-Based Approach (IRBA) of the Basel III framework. In the...
Persistent link: https://www.econbiz.de/10012836153
This paper develops a formula to numerically estimate the unsubsidized, fair-market value of the toxic assets purchased with Federal Reserve loans. It finds that subsidy rates on these loans were on average 33.9 percent at origination. Yet, by the 3rd quarter of the 2010, there was on average no...
Persistent link: https://www.econbiz.de/10013109271