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Cross‐border financial surveillance: a network perspective

Espinosa‐Vega, Marco A.; Solé, Juan - In: Journal of Financial Economic Policy 3 (2011) 3, pp. 182-205

Purpose – The purpose of this paper is to show how network analysis can be used for effective cross‐border financial surveillance, which requires the monitoring of direct and indirect systemic linkages. Design/methodology/approach – This paper illustrates how network analysis could make a...

Persistent link: https://www.econbiz.de/10014866846

Securitization and financial markets: the implications for interest rate pass-through

Robertson, Mari L. - In: Journal of Financial Economic Policy 8 (2016) 4, pp. 472-498

Purpose The transmission of monetary policy rates to lending rates is viewed as a crucial path of monetary policy. As an integral part of the financial system and the recent financial crisis, securitized assets have the potential to affect the interest rate pass-through process and monetary...

Persistent link: https://www.econbiz.de/10014866935

Was there a regulatory approval market for mortgages?

Crawford, Peggy; Forsyth, Joetta - In: Journal of Financial Economic Policy 7 (2015) 4, pp. 354-365

securitization, by showing the influence of regulation on the securitization of risky mortgages. …

Persistent link: https://www.econbiz.de/10014867042

Do real estate loans reflect regional banking and economic conditions?

Ghosh, Amit - In: Journal of Financial Economic Policy 8 (2016) 1, pp. 37-63

Purpose Using state-level data, the purpose of this paper is to examine state banking-industry specific as well as region economic determinants of real estate lending of commercial banks across all 51 states spanning the period 1966-2014. Design/methodology/approach Using both fixed-effects and...

Persistent link: https://www.econbiz.de/10014867126

Why do Italian households prefer adjustable rate mortgages?

Zocchi, Paola - In: Journal of European Real Estate Research 6 (2013) 1, pp. 90-110

country distinguished by a high and persistent preference for the adjustable rate mortgages. …

Persistent link: https://www.econbiz.de/10014862678

Prepayment behavior of China's mortgage borrowers: evidence from the loan‐level data

Li, Xiaowei; Kuang, Weida - In: International Journal of Housing Markets and Analysis 5 (2012) 1, pp. 71-88

Purpose – There exists a large volume of literature evaluating the mortgage prepayment risk based on the USA's and other developed countries' experiences. With access to detailed loan‐level data provided by a national mortgage lender in China, the purpose of this paper is to revisit the...

Persistent link: https://www.econbiz.de/10014777753

Prepayment risk and holding period for residential mortgages in Singapore ‐ Evidence from condominium transactions data

Eng Ong, Seow - In: Journal of Property Investment & Finance 18 (2000) 6, pp. 586-602

Prepayment risk is a key concern in securitized real estate. Using repeat sales in transaction data to proxy for holding period and prepayment, this paper provides the first rigorous analysis of residential mortgage prepayment in Singapore. The prepayment rate for new condominiums is increasing...

Persistent link: https://www.econbiz.de/10014897985

Pricing commercial mortgage‐backed securities

Maxam, Clark L.; Fisher, Jeffrey - In: Journal of Property Investment & Finance 19 (2001) 6, pp. 498-518

This paper presents the first known non‐proprietary empirical examination of the relationship between Commercial Mortgage Backed Security (CMBS) pricing. CMBS prices are examined as a function of the “moneyness” of the default option, the age of the security, the interest rate, interest...

Persistent link: https://www.econbiz.de/10014898007

The repayment of mortgages by endowment assurances

Booth, Philip; Rodney, Bill - In: Journal of Property Investment & Finance 20 (2002) 2, pp. 116-126

Looks at the problem of endowment assurances that do not meet their targets to repay residential mortgages. By … problems and other problems arising from the use of endowment assurances to repay mortgages which we identify but do not … analyse in detail. The failure of such a major method of repaying mortgages to perform in line with expectations will have …

Persistent link: https://www.econbiz.de/10014898015

Perceived guarantees, investor protection and bailout

Trutwein, Patrick; Schiereck, Dirk; Thomas, Matthias - In: Journal of Property Investment & Finance 30 (2012) 5, pp. 435-457

Purpose – This paper investigates the link between equity and credit markets for the government‐sponsored mortgage institutions, Fannie Mae and Freddie Mac, during the period from January 2007 until December 2008. Before the financial crisis, investors perceived these real estate finance...

Persistent link: https://www.econbiz.de/10014898344