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the main mortgage. Second, we examine the role of legal and economic institutions in accounting for these differences. We … youngest group of households borrow lower amounts (conditional on borrowing), and the mortgage interest rates paid by low …
Persistent link: https://www.econbiz.de/10013071535
the main mortgage. Second, we examine the role of legal and economic institutions in accounting for these differences. We … youngest group of households borrow lower amounts (conditional on borrowing), and the mortgage interest rates paid by low …
Persistent link: https://www.econbiz.de/10013072321
The US financial system is undergoing a painful restructuring as credit losses originating in the mortgage finance … for housing, low interest rates, innovations in mortgage lending and securitization, and a breakdown in credit quality …
Persistent link: https://www.econbiz.de/10013155454
mortgage rates. The Federal Reserve's accumulation of MBS and Treasury securities lowered MBS yields and mortgage rates by more … turn significantly lower mortgage rates …
Persistent link: https://www.econbiz.de/10013059311
the main mortgage. Second, we examine the role of legal and economic institutions in accounting for these differences. We … of households borrow lower amounts (conditional on borrowing), and the mortgage interest rates paid by low …
Persistent link: https://www.econbiz.de/10013059581
the main mortgage. Second, we examine the role of legal and economic institutions in accounting for these differences. We … youngest group of households borrow lower amounts (conditional on borrowing), and the mortgage interest rates paid by low …
Persistent link: https://www.econbiz.de/10012988756
We study how the Federal Reserve's quantitative easing (QE) influenced the behavior of Agency mortgage REITs – a set of … institutions identified by the Financial Stability Oversight Council as posing systemic risk. We document that Agency mortgage …
Persistent link: https://www.econbiz.de/10012917272
This paper studies how United States (US) policy actions impacted mortgage-backed securities (MBS) investors and … mortgage borrowers during the subprime mortgage crisis of 2007 to 2010. The effects of the following policy actions on MBS … spreads and mortgage lending spreads are studied: (i) US Government conservatorship of Fannie Mae and Freddie Mac; (ii) US …
Persistent link: https://www.econbiz.de/10013222373
Macroprudential policies are often aimed at the traditional banking sector while nondepository financial institutions or shadow banks have limited or no prudential regulations. This paper studies the macroeconomic impact of household-side macroprudential tightening in the presence of unregulated...
Persistent link: https://www.econbiz.de/10013264902
The Danish financial sector is big and there is a high degree of inter-connectedness between banks, mortgage …
Persistent link: https://www.econbiz.de/10011577975