average, about $40,000 against one's home) peaked in 2003 when mortgage rates hit historic lows, and estimate that a 100 basis … default risk, especially for extractors in 2006 who were more than twice as likely to become delinquent on a mortgage than non …

We study the exposure of mortgage borrowers in Switzerland to interest rate, income and house price risks and examine … analysis is based on a unique data set of household mortgage applications from September 2012 until January 2014. Our … assessment of risk exposure among mortgage borrowers in Switzerland is highly sensitive to the underlying assumptions on mortgage …

Borrowers in states with non-recourse mortgage law face limited liability on their mortgage loans. We show that non …. We find that mortgage lending pricing does not fully reflect the higher risk in non-recourse states because the emergence …

Mortgage banking began to develop in Slovakia after 1998 as an ambitious project, the goal of which was to elevate the …-term resources. Our goal is a comprehensive assessment of the development of Slovak mortgage banking for the past 20 years from the … perspectives of the development of banking, the mortgage bond market, the real estate market and selected interactions between …

In 2005, mortgage interest, capital deductions and insurance premiums (MICPD) were assembled into one single deduction … Finance and Consumption Survey. The mortgage amount, the mortgage maturity, the interest rate and the house price are … estimated simultaneously using a 3-SLS approach. The results suggest that the mortgage deduction does not result in more …

This paper examines the effects of a mortgage interest rate subsidy on booms and busts in the housing market by … analyzing the Housing Mortgage program in Mongolia. We find that the most recent housing boom in Mongolia occurred from the …-specific factors and macroeconomic variables had a significant influence on housing price dynamics. Mortgage interest rate …

Long-term fixed-rate mortgage contracts protect households against interest rate risk, yet most countries have … fixation length tracks the life-cycle decline of credit risk in the mortgage market: the loan-to-value (LTV) ratio decreases … using shorter-term contracts. To quantify demand for long-term contracts, I develop a life-cycle model of optimal mortgage …

mortgage equity withdrawal (MEW) loan products were denied. Black and Hispanic homeowners' applications were denied at even … with purchase and rate/term refinance mortgage applications. Controlling for loan and borrower characteristics commonly …