If mortgage borrowers default strategically, their future house price expectations should affect their present mortgage …

This paper presents a framework for estimating losses in the residential real estate mortgage portfolios of German …-trigger hypothesis of mortgage defaults. In order to analyse the possible credit losses stemming from residential mortgage lending we … to 2020 for the whole German banking sector. Our results show that loss rates in the residential mortgage portfolios of …

Have post-crisis reforms purged mortgage markets of adverse selection? I show that loans synthetically sold by Fannie …

between the first quarter of 1998 to the first quarter of 2006 at seven large subprime mortgage lenders. The results provide … annual percentage rates for the broker-originated loans with the predicted rates. For five of six mortgage products, half or … mortgage originations, had annual percentage rates that were greater than the rates predicted by the broker model. Large …