Lenders' access to soft information on appraisal inflation could lead to adverse selection in private mortgage … securitization. Combining a nationwide mortgage data with a real estate transaction data and using a difference … mortgage rate. The results are robust after controlling for servicer and lender effects, and hold when we infer appraisal …

This paper analyzes the factors that influence the maturity choice of private mortgage borrowers. Using a unique …, especially of the relative pricing of a mortgage provider compared to the market average. In addition, we show that personal … maturities. Finally, we show that mortgage brokers' advice is significantly influenced by their commission scheme …

The law governing the United States' $13 trillion mortgage market is broken. Courts and legislatures around the country … requirements for mortgage transfer, the key process for contemporary mortgage finance.We demonstrate two respects in which American … mortgage transfer law is unclear and offer suggestions for fixing it. It is currently unclear whether a recorded mortgage …

We examine the stock price reaction of rival firms to privatization announcements to infer information about industry … effects of privatization. We find that the rival firms reacted negatively to privatization announcements, thus suggesting that … find that the adverse reaction of the rival firms to privatization announcements in developing countries is stronger than …

widespread private coverage more commercially viable than ever. Privatization would not disproportionately hurt the working class … the status quo. Short of full privatization, Congress should ensure that private insurers can compete on an even playing …

promoted their expansion as a result of financial industry lobbying. In the context of heightened competition between European …

The financial services sectors of Romania and Estonia moved towards privatization in sharply contrasting manners. For a … paper; few steps were made towards its fulfillment. By contrast, Estonia's experience of privatization was generally a …

We examine the stock price reaction of rival firms to privatization announcements to infer information about industry … effects of privatization. We find that the rival firms reacted negatively to privatization announcements, thus suggesting that … find that the adverse reaction of the rival firms to privatization announcements in developing countries is stronger than …