We evaluate the impact that the subsidies granted by Mexico’s National Housing Commission (CONAVI) had on house prices … purchased by low-income familiesthrough mortgages originated by the country’s leading mortgage financial institution (Infonavit … evidence is consistent with the presence of market power by developers in the low-income housing market in Mexico as wellas …

Home appraisals are produced for millions of residential mortgage transactions each year, but appraised values are … institutional framework that governs mortgage lending lead to information loss in appraisals (that is, appraisals set equal to the … incidence of mortgage default at loan-to-value boundaries (notches) above which mortgage insurance rates increase. Appraisals …