a bank-level cap on mortgage credit growth to investors while the second policy placed a bank-level cap on the share of … interest-only mortgage lending. We show that the first policy caused a sharp and large drop in credit growth to investors …

mortgage credit instrument could alleviate a portion of this gap and aid market access by providing between 1,100 and 5 …

We construct a new measure of mortgage credit availability that describes the maximum amount obtainable by a borrower … of given characteristics. We estimate this "loan frontier" using mortgage originations data from 2001 to 2014 and show … that it reflects a binding borrowing constraint. Our estimates reveal that the expansion of mortgage credit during the …

Federal Housing Administration (FHA) mortgage insurance program. The suits led to more than $5 billion in settlements and … exit has significantly reduced low-income households' overall access to mortgage credit. …

We examine the closeness of relationships between households and their mortgage lenders using survey data which provide …. Our analysis is based on a sample of 470 households which have a mortgage and multiple bank relations, allowing us to … compare mortgage relations and non-mortgage relations for the same households. We find that mortgage relations are used for a …

We analyze a model of mortgage markets, housing tenure choice, heterogeneous agents, and default with closed form …

This paper examines racial and ethnic differences in high cost mortgage lending in seven diverse metropolitan areas … buyers are 105 and 78 percent more likely to have high cost mortgages for home purchases. The increased incidence of high … cost mortgages is attributable to both sorting across lenders (60-65 percent) and differential treatment of equally …