The refinance shares reported by Freddie Mac's Primary Mortgage Market Survey (PMMS), the Mortgage Bankers Association (MBA), the Home Mortgage Disclosure Act (HMDA), and the National Mortgage News (NMN) have differed by up to 21 percentage points between 1990 and 2005. If a lender's refinance...

The extreme snowfall events have increased in recent years in the Tibetan Plateau (TP). However, soil water-heat transfer under different snow conditions has rarely been explored in detail. Here, multi-source observational data of five years is analyzed for the influence of snow cover on...

Utilizing individual mortgage data, we find that borrowers with points are less likely to refinance, and when they do, they take longer to refinance. This finding supports the separating equilibrium prediction of earlier studies that borrowers with higher (lower) refinancing costs self-select...

House prices in the United States rose 14 percent in real terms during the 1990s; by historical standards, this was strong performance. Some analysts have worried that this performance was too strong, perhaps indicating an asset bubble, and could not be explained by fundamentals. This paper...

Using several large data sets of mortgage loans originated between 2004 and 2007, we find that in the prime mortgage market, banks generally sold low-default-risk loans into the secondary market while retaining higher-default-risk loans in their portfolios. In contrast, these lenders retained...

The availability of resources allows for the rapid and cost-effective delivery of a construction project. For rebuilding programmes after a disaster, the need for better understanding of factors affecting resource availability and their potential impacts on resourcing outcomes can be of crucial...