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homeowner only once the loan is repaid. By effectively reducing the LTV of the mortgage, it increases the homeowner's incentives …
Persistent link: https://www.econbiz.de/10009355425
This paper studies the US housing market using a proprietary and comprehensive dataset covering nearly 90 million residential transactions over 1998-2018. First, we document the evolution of different types of investment purchases such as those conducted by short-term buyers, out-of-state...
Persistent link: https://www.econbiz.de/10013315117
Technology-based ("FinTech") lenders increased their market share of U.S. mortgage lending from 2 percent to 8 percent … from 2010 to 2016. Using market-wide, loan-level data on U.S. mortgage applications and originations, we show that FinTech … lenders process mortgage applications about 20 percent faster than other lenders, even when controlling for detailed loan …
Persistent link: https://www.econbiz.de/10011795430
Insights to detect ensuing mortgage delinquencies. Such searches locate documents which assist to write a successful loan … housing research. -- housing ; hardship letter ; loan delinquency ; mortgage ; National Delinquency Survey (NDS) ; financial …
Persistent link: https://www.econbiz.de/10009312194
, mortgage credit constraints and a price-to-price feedback loop affects house price volatility. Considering 247 Metropolitan …
Persistent link: https://www.econbiz.de/10010488113
In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale … mortgage distress on house prices. -- foreclosure ; mortgage ; judicial ; power of sale ; right to cure …
Persistent link: https://www.econbiz.de/10009581858
In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale … mortgage distress on house prices. -- foreclosure ; mortgage ; judicial ; power of sale ; right to cure …
Persistent link: https://www.econbiz.de/10009614091
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 …
Persistent link: https://www.econbiz.de/10013115637
We document that banking deregulation leads banks to offer lower initial rates on adjustable-rate mortgages to attract borrowers, but banks also shroud these contracts by increasing back-loaded resetting rates. More shrouding can be explained by higher proportion of naïve borrowers following...
Persistent link: https://www.econbiz.de/10012854765
, mortgage credit constraints and a price-to-price feedback loop affects house price volatility. Considering 247 Metropolitan …
Persistent link: https://www.econbiz.de/10013025976