discrete lending by specialized lenders for mortgage credit has led to concerns regarding the efficiency and equity of mortgage …, mortgage credit supply curves are stepwise linear and lenders specialize in prime or subprime lending. The empirical section …In the U.S., households participate in two very different types of credit markets. Personal lending is characterized by …

This paper examines the nature of mortgage credit rationing across geographic markets and time. Particular attention is …. This result indicates the use of non-price credit rationing in the mortgage market and suggests a special role for FHA …-insured mortgages as a mechanism for maintaining mortgage credit supply in declining housing markets. …

This research titled "Analysis of Influence of Credit and Interest Rate Increase Economic Growth in Disability Sumatera … determine the influence of credit and interest rate of economic growth in 1989-2008 of North Sumatra. This research uses … that the higher credit demand, then economic growth will increase. Meanwhile, the higher the interest rate, then economic …

to call the mortgage or refinance is in the money and this effect is magnified for mortgages with low credit scores … nonprime and prime loan default and prepayment behavior. Nonprime loans are identified by mortgage interest rates that are …. Tests also reveal that default rates are less responsive to homeowner equity when credit scores are included in the …

alternative insolvency institution, namely the mortgage system, mean that firms and their creditors mainly deal with credit … provision and eventual insolvency through the latter. However, in order to use the mortgage system, some firms must overinvest … in capital assets (real estate, equipment) since those are the assets that can be pledged as mortgage collateral. This …

the Spanish bankruptcy system relative to that of an alternative insolvency institution, the mortgage system, and the …

than the main alternative procedure, the mortgage foreclosure ; (ii) personal bankruptcy law is unattractive to the …