"As the role of mortgage brokers in mortgage origination grew from insignificant in the 1980s to dominant in recent … regulated the business, largely by creating and tightening occupational licensing requirements for mortgage brokers. The … question of whether increased occupational licensing of mortgage brokers improves consumer outcomes is theoretically ambiguous …

In Hungary, more than 22% of the FX mortgage portfolio is non-performing and the tendency is worsening. In this paper … model can be applied to other mortgage portfolios in trouble, as well. The main element of our proposal is the income … lenders on the basis of the non-performing FX mortgage portfolio. The results underpin that the proposed scheme creates …