This paper describes a novel methodology of measuring risky and conservative mortgage credit using household survey … output, a feature linked to the lower relevance of homeownership which implies that mortgage credit plays a less prominent …

debt resolution process in the Irish mortgage market in the lead up to the COVID-19 shock. We highlight the widespread … engagement of Irish borrowers with debt resolution mechanisms during a decade in which one sixth of mortgage accounts were … restructured by 2016. Lenders favoured short-term mortgage modifications at the beginning of the decade and three-quarters of …

mortgage rate. In the longer run, the supply of unregulated debt increases by almost 50 percent. We corroborate our findings by …

Millions of homeowners are having difficulty paying their mortgage because of the COVID-19 emergency, and those …-Great Recession defaults provide compelling evidence that a mortgage modification that delivers substantial payment reduction is the … “optimized” mortgage modification waterfall that offers substantial payment reduction to the borrower while minimizing the …

bank mortgage supply is relaxed. We analyze the effect of deregulation on LTV and DTI limits in the Seoul-metropolitan area …

by substituting from mortgage lending to purchasing more houses. The policy’s positive effect on house prices is more …

This study investigates the causal effect of financial literacy on mortgage payment delinquency. Using an Instrumental …-Variable (IV) approach, we find that increased financial literacy significantly reduces the probability of mortgage delinquency …

This paper explores an overlooked phenomenon in mortgage markets: repayment of underwater mortgages. Since repayment in …, which includes credit impairment and possible guilt, repayment of an underwater mortgage is a wealth-maximizing strategy …