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the GSEs. We find that judicial requirements reduce the supply of credit only for jumbo loans that are ineligible for GSE … guarantees. These laws do not affect, however, the relative demand of jumbo loans. Our findings, which also hold using novel … nonbinary measures of judicial requirements, illustrate the consequences of foreclosure laws on the supply of mortgage credit …
Persistent link: https://www.econbiz.de/10011142095
Persistent link: https://www.econbiz.de/10014457453
The Legacy Loans Program (LLP) is an elaborate way of slicing the Federal Deposit Insurance Corporation's (FDIC … private investor can increase the value of the toxic loans through non-contractible investments, then the public equity stake …
Persistent link: https://www.econbiz.de/10009352507
This paper studies how fiscal policy affects loan market conditions in the US. First, it conducts a Structural Vector-Autoregression analysis showing that the bank spread responds negatively to an expansionary government spending shock, while lending increases. Second, it illustrates that these...
Persistent link: https://www.econbiz.de/10010790417
Much farm financial risk research has involved the application of "credit-scoring" models. We approach the issue of … measuring financial risk by using the actual interest rates charged on agricultural loans reported in the USDA's ARMS survey as … relates rates to several farm, producer, and lender characteristics. Because individual loans in our sample have different …
Persistent link: https://www.econbiz.de/10009429486
loans to Central Europe and reconstruction of the gold standard system was needed to initiate long-term capital flows. A …
Persistent link: https://www.econbiz.de/10005281350
We analyze differences in the pricing of syndicated loans between U.S. and European loans. For credit lines, U …. For term loans, U.S. firms pay significantly higher spreads. While European firms across the rating spectrum issue terms … loans, only low quality U.S. firms rely on term loans. U.S. issuers perform worse after loan origination compared to …
Persistent link: https://www.econbiz.de/10011436380
Persistent link: https://www.econbiz.de/10011372430
. Long-term interest rates have been exceptionally high and long-term loans and deposits exceptionally low since the Lehman … collapse. Instead, short-term interest rates and short-term loans and deposits did not show abnormal dynamics in the course of …
Persistent link: https://www.econbiz.de/10012000041
lenders. The estimation results imply an increase of 3-4 jobs for each million dollars of loans, suggesting that credit …We analyze linked databases on all Small Business Administration (SBA) loans, on all SBA lenders, and on all U … for the SBA 504 versus 7(a) programs, and with respect to the business cycle, local credit conditions, and within …
Persistent link: https://www.econbiz.de/10011309136