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 …

mortgage is therefore critical to financial well-being but households often make costly mistakes. We collect data in an online … survey to test borrowers' comfort with, and understanding of, mortgage debt. We analyze the impact of financial literacy …, mortgage broker advice and whether the loan is framed as a lump sum debt or an equivalent stream of repayments. We conjecture …

lending guidelines, and demand in housing construction and mortgage lending has plummeted. Against this background, the paper …