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Adequate credit availability for small businesses is an important public policy issue because small businesses are essential for employment and economic growth for the economy. The Gramm-Leach-Bliley Act of 1999 includes a provision that could potentially support financial institutions in the...
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Federal Land Banks and Financial Distress, 1916- -- Falling Prices and Mortgage Crisis, 1926- -- Herbert Hoover and the Urban … Mortgage Crisis in the Great Depression -- A New Deal for Farm Mortgages -- Housing, Heavy Industry, and the Forgotten New Deal …
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We investigate the impact of peer-to-peer lending on the small business loans originated by US depository institutions that are subject to the Community Reinvestment Act. We present a model where a borrower can choose between a traditional bank and a crowdlending platform and show that the entry...
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The secondary mortgage market stands on three legs. The first leg, created in the early 1930s, is made up of government … instrumentalities like the Federal Housing Administration (the FHA) and the Government National Mortgage Association (Ginnie Mae). The … Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). The third leg, created in the …
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Housing markets were at the centre of the recent global financial turmoil. In this study, a multidisciplinary group of leading housing analysts from the USA, Europe, Asia and Australasia explore the impact of the crisis within and between countries
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