We study the composition of bank loan portfolios during the transition of the real sec-tor to a knowledge economy where firms increasingly use intangible capital. Exploiting heterogeneity in bank exposure to the compositional shift from tangible to intangible capital, we show that exposed banks...

This brief analysis of home-mortgage lending trends in New England provides information on lending activity from 2006 to 2010. The report includes data on originations, denial rates, and percent of high-priced loans by loan purpose (refinance and home-purchase) and type of loan (conventional and...