Mortgage refinancing activity associated with extraction of home equity contains a strongly counter-cyclical component … empirically evaluate its predictions for the households' choices of leverage, liquid assets, and mortgage refinancing using micro …

.S. policymakers often treat market competition as a panacea. However, in the case of mortgage securitization, policymakers' faith in … competition is misplaced. Competitive mortgage securitization has been tried three times in U.S. history - during the 1880s, the … 1920s, and the 2000s - and every time it has failed. Most recently, competition between mortgage securitizers led to a race …

U.S. policymakers often treat market competition as a panacea. However, in the case of mortgage securitization …, policymakers' faith in competition is misplaced. Competitive mortgage securitization has been tried three times in U.S. history … - during the 1880s, the 1920s, and the 2000s - and every time it has failed. Most recently, competition between mortgage …

, mortgage credit constraints and a price-to-price feedback loop affects house price volatility. Considering 247 Metropolitan …

within the same housing developments. By using these indices and detailed information on mortgage borrowers across these … household income, except in a few first-tier cities. While bottom-income mortgage borrowers endured severe financial burdens by … mortgage loans were protected by down payments commonly in excess of 35 percent. As such, the housing market is unlikely to …

This study develops estimates of expected loss severities on mortgage exposures using data from Florida during the …