We develop new measures to detect income falsification on mortgage applications during the housing bubble. We find that …

through innovations in the mortgage market and financial deregulation. This study looks at the factors driving home equity …

We study the exposure of mortgage borrowers in Switzerland to interest rate, income and house price risks and examine … analysis is based on a unique data set of household mortgage applications from September 2012 until January 2014. Our … assessment of risk exposure among mortgage borrowers in Switzerland is highly sensitive to the underlying assumptions on mortgage …

course of the 20th century, driven by a sharp rise of mortgage lending to households. Household debt to asset ratios have …

course of the 20th century, driven by a sharp rise of mortgage lending to households. Household debt to asset ratios have …

course of the 20th century, driven by a sharp rise of mortgage lending to households. Household debt to asset ratios have …

decisively on prevailing loan-to-value (LTV) ratios in mortgage markets with borrowing constrained households. Utilizing a smooth … housing sector in times of high LTV ratios, which, through changes in mortgage lending and mortgage equity withdrawals (MEWs …

risk in the mortgage market raises the default rate and spreads to the rest of the economy, creating a recession. In our … model two shocks are well suited to replicate the subprime crisis and the Great Recession: the mortgage risk shock and the …. This policy is successful in stabilizing the mortgage market and makes all agents better off. …