conditions required by the banking system to grant a mortgage. The authors find that easier access to credit inflates housing …

This paper investigates the housing and mortgage markets by means of an agent-based macroeconomic model of a credit … households’ creditworthiness conditions required by banks in order to grant a mortgage. Results show that easier access to credit …

, and its relationship with mortgage default. We find that lender effort to collect soft information is intertwined with …

-sponsored mortgage guarantees by Fannie Mae and Freddie Mac. …

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 …

There is limited evidence of the role of household-level adverse trigger events in driving mortgage default, and the … adverse trigger event, affects mortgage default. We find that both household unemployment and the local unemployment rate are … important predictors of mortgage default. We also find that precautionary savings and the duration of unemployment benefits can …

bank sends a letter before the annual reset containing advance information on the expected change in mortgage payments. We …

Credit score cutoff rules result in very similar potential borrowers being treated differently by mortgage lenders … interpret the cutoff rule evidence and conclude that mortgage securitizers were in fact aware of and attempted to mitigate the …

Mortgage originators use credit score cutoff rules to determine how carefully to screen loan applicants. Recent …