these GSEs as mortgage market conditions deteriorated in 2007 and 2008. The analysis focuses on a key element of OFHEO …

for Fannie Mae and Freddie Mac. We study a key component of OFHEOs model - 30-year fixed-rate mortgage performance - and … in a significant underprediction of mortgage credit losses and associated capital needs at Fannie Mae and Freddie Mac …

System as a provider of subsidized general liquidity to its members, including the very largest commercial banking …

in the foreclosure process affects mortgage lending decisions and standards. Difference-in-differences estimations using … a state border design show that ZL incentivizes lenders to screen mortgage applications more carefully: they deny more …

Technology-based ("FinTech") lenders increased their market share of U.S. mortgage lending from 2 percent to 8 percent … from 2010 to 2016. Using market-wide, loan-level data on U.S. mortgage applications and originations, we show that FinTech … lenders process mortgage applications about 20 percent faster than other lenders, even when controlling for detailed loan …

In response to the Global Financial Crisis (2007–2009), financial institutions exposed to the subprime mortgage market …-sponsored wholesale banks, served as a significant source of liquidity for their 8,000 member institutions, including commercial and … remained unattractive, and the Fed had yet to intervene by creating novel liquidity facilities …

In the years preceding the Great Depression (1929–1933), home prices and outstanding mortgage debt grew substantially … agencies was the Federal Home Loan Bank System (FHLB System), chartered in 1932 as a wholesale bank to provide liquidity to … private institutions that specialized in home mortgage loans, including savings and loan associations, mutual savings banks …

The U.S. mortgage crisis that began in 2007 generated questions about the role played by Fannie Mae and Freddie Mac … the UAG on the GSEs' whole single-family mortgage purchases during peak years for the subprime mortgage market. Under the …

The U.S. mortgage crisis that began in 2007 generated questions about the role played by Fannie Mae and Freddie Mac … the UAG on the GSEs' whole single-family mortgage purchases during peak years for the subprime mortgage market. Under the …

outcomes in these counties is consistent with a view that mortgage originators' access to a liquidity outlet (in this case …Did government mortgage programs mitigate the adverse economic effects of the financial crisis? We find that counties … with greater participation in traditional government mortgage programs experienced less severe economic downturns during …