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This paper links the current sub-prime mortgage crisis to a decline in lending standards associated with the rapid … declines in lending standards by incumbent banks. Finally, lending standards declined more in areas with higher mortgage …
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This paper links the current sub-prime mortgage crisis to a decline in lending standards associated with the rapid … declines in lending standards by incumbent banks. Finally, lending standards declined more in areas with higher mortgage …
Persistent link: https://www.econbiz.de/10012677586
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, and its relationship with mortgage default. We find that lender effort to collect soft information is intertwined with …
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