implications of the credit boom-and-bust hypothesis, supplemented with asymmetric information, are consistent with the onset and … development of many crises, including the current subprime crisis. Governments have reacted to crises by erecting a vast and …

, while in the euro area standards tightened for both lending to enterprises and consumer credit and other lending to … households. By contrast, terms and conditions for new lending eased somewhat in the consumer credit segment, both in Spain and … a decline in demand for loans to enterprises and for consumer credit and other lending to households, whereas loan …

drawing red lines on local maps to demarcate minority areas to which lending should be curtailed. Until the Fair Housing Act … of 1968, this practice was legal and commonly used as a way to minimise the real or perceived risk of lending in these … risk. Current research has attempted to identify whether lenders differentiate supply of credit due exclusively to …

-maximising banks may respond by altering credit supply or making other changes to their asset mix. The existence of such a channel … requires (i) that banks do not have excess capital with which to insulate credit supply from regulatory changes, (ii) raising … capital is costly for banks, and (iii) firms and consumers in the economy are to some extent dependent on banks for credit …

We study the evolution of US mortgage credit supply during the COVID-19 pandemic. Although the mortgage market … frictions and operational bottlenecks contributed to unusually inelastic credit supply, and that technology-based lenders … flow of credit in the conforming segment. …