We explore the capital structure and governance of a mortgage-insuring securitization utility operating with government … for appropriate pricing and transfer of mortgage risks across the private sector and between the private sector and the … mortgage guarantee fee, whose size we find is most sensitive to the required capital ratio and the expected return on that …

We study the impact that lower complexity in bank securitisations has on mortgage quality before and during the COVID … the pandemic, while results are heterogeneous across countries and borrower characteristics, we show that mortgage …

Securitized mortgage appraisals routinely target pre-specified valuations, 45% of purchase loan appraisals exactly … officers, mortgage brokers, and appraisers; and high appraisals are associated with more repeat business for appraisers …