credit scores, in contrast to the low income population targeted by subprime mortgages. Complex mortgage borrowers have … significantly higher delinquency rates than traditional mortgage borrowers even after controlling for leverage, payment resets, and …

The investment fueled U.S. mortgage market has traditionally been sustained by New Deal institutions called government … sponsored enterprises (GSEs). Known as Freddie Mac and Fannie Mae, the GSEs once dominated mortgage backed securities … underwriting. The recent subprime mortgage crisis has drawn attention to the fact that during the real estate boom, these agencies …

low-income population targeted by subprime mortgages. Nonetheless, we find that complex-mortgage borrowers become … for household and loan characteristics. Our findings suggest a link between innovations in mortgage markets focused on …

Securitized mortgage appraisals routinely target pre-specified valuations, 45% of purchase loan appraisals exactly … officers, mortgage brokers, and appraisers; and high appraisals are associated with more repeat business for appraisers …

mortgage corporation ensuring affordable housing for Malaysians, to also emerge as a leader in securitisation. It issues debt …