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This is an Online Appendix to "Do Delays in Banks' Loan Loss Provisioning Affect Economic Downturns? Evidence from the U.S. Housing Market", available at: "https://ssrn.com/abstract=3395911" https://ssrn.com/abstract=3395911
Persistent link: https://www.econbiz.de/10012869487
. Specifically, I examine the influence of delayed loan loss recognition (DLR) on bank lending and risk-taking in the U.S. mortgage … aggregate effects of banks' DLR on the housing market. I find high DLR banks reduced mortgage supply, leading high exposure ZIP … codes to experience larger decreases in mortgage supply during the crisis. Mortgages from high DLR banks were also more …
Persistent link: https://www.econbiz.de/10012869492
to take a forward-looking approach to recognizing life-of-loan losses upon loan origination. Using bank mortgage approval … decrease in the sensitivity of mortgage approval rates to house price growth after adoption. The effect is stronger when …
Persistent link: https://www.econbiz.de/10014351167
This paper investigates the link between mortgage supply shocks at the banklevel and regional house price growth in the … U.S. using micro-level data on mortgage markets from the Home Mortgage Disclosure Act for the 1990-2014 period. Our … results suggest that bank-specific mortgage supply shocks indeed affect house price growth at the regional level. The larger …
Persistent link: https://www.econbiz.de/10011595488
This paper investigates the link between mortgage supply shocks at the banklevel and regional house price growth in the … U.S. using micro-level data on mortgage markets from the Home Mortgage Disclosure Act for the 1990-2014 period. Our … results suggest that bank-specific mortgage supply shocks indeed affect house price growth at the regional level. The larger …
Persistent link: https://www.econbiz.de/10011589399
This paper uses a dynamic model of borrowers, savers, and banks to understand the behavior of house prices, mortgage … model is calibrated to different stages of mortgage finance. The conclusion is that, in addition to laxer borrowing …, mortgage spreads, and mortgage debt during the boom-bust cycle. The two quantitatively most powerful causes of the boom in the …
Persistent link: https://www.econbiz.de/10012983924
young, low net-worth households are able to get a mortgage and buy a house, and current (old) home-owners benefit from the …
Persistent link: https://www.econbiz.de/10012670328
We analyze link between mortgage-related regulatory penalties levied on banks and the level of systemic risk in the U …
Persistent link: https://www.econbiz.de/10012061369
This paper analyzes the recent boom-bust cycle in the US housing market from a regional perspective. Particular attention is paid to supply side restrictions and financial accelerator effects related to subprime lending. Considering 248 Metropolitan Statistical Areas across the entire US, we...
Persistent link: https://www.econbiz.de/10009703502
, mortgage credit constraints and a price-to-price feedback loop affects house price volatility. Considering 247 Metropolitan …
Persistent link: https://www.econbiz.de/10010488113