Home appraisals are produced for millions of residential mortgage transactions each year, but appraised values are … institutional framework that governs mortgage lending lead to information loss in appraisals (that is, appraisals set equal to the … incidence of mortgage default at loan-to-value boundaries (notches) above which mortgage insurance rates increase. Appraisals …

information failure caused by the complexity and heterogeneity of private-label mortgage-backed securities and structured finance … products. Addressing the informational problems with mortgage securitization is critical not just for avoiding future housing … bubbles but for rebuilding American housing finance. The continued availability of the long-term fixed-rate mortgage, which …

both primary and secondary mortgage market problems in the U.S. are accepted as the essential reasons of the current crisis … importance of real estate valuation in the origination of crisis and whether Turkish mortgage market has similar problems with …

excess rate of a mortgage after accounting for borrower, contract, and regional characteristics. These effects are stronger … for mortgages sold to less sophisticated consumers. We exploit regional variation in mortgage advertising induced by the …

We study the determinants of the subprime mortgage loan spread, with a particular focus on funding liquidity and …

We explore the effects of mandatory third-party review of mortgage contracts on the terms, availability, and … performance of mortgage credit. Our study is based on a legislative experiment in which the State of Illinois required “high …-risk” mortgage applicants acquiring or refinancing properties in 10 specific zip codes to submit loan offers from state …

Policymakers are relying heavily on mortgage modifications to address the foreclosure crisis. However, not enough is …

Mortgage counseling is regarded as an integral tool in ensuring appropriate choices by prospective home buyers. We use … to the type of mortgage contract extended to the graduates, to the budgeting and credit management skills taught in the …