This paper examines the dynamics between mortgage broker competition, origination fees, and price transparency. A …, our empirical analysis shows that increased mortgage brokerage competition at the Metropolitan Statistical Area level … also provide evidence that broker competition reduces mortgage origination fees on retail (non-brokered) loans as well. In …

This paper examines the dynamics between mortgage broker competition, origination fees, and price transparency. A …, our empirical analysis shows that increased mortgage brokerage competition at the Metropolitan Statistical Area level … also provide evidence that broker competition reduces mortgage origination fees on retail (non-brokered) loans as well. In …

- and post-mortgage crisis periods by simulating the cost of insurance using the theoretical pricing of ATM (at the money …

This paper studies the Continuous Workout Mortgage (CWM), a two in one product: a fixed rate home loan coupled with … that mortgage values and payments should be linked to housing prices and adjusted downward to prevent negative equity. We … within amortizing mortgage context. We derive new closed-form and new analytical approximation methodologies which apply both …