Rising interest rates can create "mortgage rate lock" for homeowners with fixed rate mortgages, who can hold onto their … declines and declines relative to homeowners without mortgages, who are unaffected by mortgage rate lock. Mobility declines are …

Foreclosures led to severe disruptions in home mortgage lending during the recent Great Recession and the Great … functions. We measure the impact of foreclosures on new mortgage lending using a panel of all B&Ls in 4 states. The foreclosure … overhang explains about 30 percent of the drop in new mortgage lending by B&Ls as the housing crisis intensified between 1930 …

unique design reflecting the subprime mortgage design. Subprime securitization tranches were often sold to CDOs, which were …