lending guidelines, and demand in housing construction and mortgage lending has plummeted. Against this background, the paper …

determinants of access to mortgage finance. It also examines whether mortgage holders were more likely to suffer financial distress … compared with non-mortgage holders in the period before the global financial crisis. The analysis does not find any systematic … evidence that mortgage holders are financially more vulnerable than renters or outright owners; in fact, the incidence of …

Mortgages constitute the largest part of household debt. An essential choice when taking out a mortgage is between …-country study has analyzed what determines household demand for mortgage types, a task that this paper takes up using new data for … how the easing of monetary policy during the financial crisis affected mortgage holders. It shows that the resulting …

This paper traces the history of mortgage law in the US. I explore the history of foreclosure procedures, redemption … aspects of mortgage law stem from case law rather than statute. In particular, the ability of creditors to foreclose …, the aspects of mortgage law developed through statute change more frequently. This finding calls into question whether …

highest percentage of households in arrears in Italy and Spain. The probability of being late in repaying mortgage is lower … second part of the paper, we assess how much the price of the mortgage is linked to the household specific credit risk, as … measured by its predicted probability of being in arrears on mortgage. This analysis regards only Italian households for which …

mortgage-backed securities is more widespread …

mortgage-backed securities is more widespread …

This article discusses how macroeconomic arguments should shape the design of mortgage contracts. Mortgage recourse … European economies with recourse mortgage systems. The article reviews policy options for Europe …