in securitized mortgage debt contributed to the global financial crisis. As part of the CMU, the new European Commission … is promoting mortgage securitization throughout the EU and thereby rescaling the political economy of housing finance …

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 …