Similar Search Results

Mortgage refinancing

Krainer, John; Marquis, Milton - In: FRBSF Economic Letter (2003)

Persistent link: https://www.econbiz.de/10005490592

Housing Finance and Mortgage-Backed Securities in Mexico

Zanforlin, L.; Espinosa-Vega, Marco A - International Monetary Fund (IMF) - 2008

This paper reviews the Mexican experience with the securitization of residential mortgages. It highlights the key …

Persistent link: https://www.econbiz.de/10005248322

United Kingdom; Selected Issues

International Monetary Fund (IMF); International … - 2003

This Selected Issues paper examines the factors determining housing prices in the United Kingdom. Based on econometric evidence, the paper assesses whether recent housing price increases can be explained by fundamentals or whether they represent a temporary overshooting of housing prices,...

Persistent link: https://www.econbiz.de/10005252805

United States; Selected Issues

International Monetary Fund (IMF); International … - 2005

This Selected Issues paper on the United States examines the effect of the structure of the mortgage market on real housing activity and housing prices. The market-based financial structure has reduced the volatility of mortgage lending. Changes in the structure of the mortgage market have...

Persistent link: https://www.econbiz.de/10005252961

An Investigation of Some Macro-Financial Linkages of Securitization

Long, Xin; Goswami, Mangal; Jobst, Andreas - International Monetary Fund (IMF) - 2009

Policy-makers have attributed the scale of the credit crisis and its profound impact on money markets (as well as financial sector stability) to the fast rise of securitization and the way it has arguably complicated both the conduct of monetary policy and the effect of interest rate...

Persistent link: https://www.econbiz.de/10005263753

Mortgage Market Development, Savings, and Growth

Li, Xiaowei - International Monetary Fund (IMF) - 2001

Jappelli and Pagano (1994) argues that tightening the borrowing constraints in the mortgage markets promotes savings. Employing a six-period overlapping generations model with endogenous growth and a method of simulation calibrated on the Middle East, this paper demonstrates that the above...

Persistent link: https://www.econbiz.de/10005263983

Mortgages as recursive contracts

Krainer, John; Marquis, Milton H. - Federal Reserve Bank of San Francisco - 2003

Mortgages are one-sided contracts under which the borrower may terminate the contract at any time, while the lender …

Persistent link: https://www.econbiz.de/10005401602

The challenges facing subprime mortgage borrowers: a speech at the Consumer Bankers Association 2007 Fair Lending Conference, Washington, D.C., November 5, 2007

Kroszner, Randall S. - Federal Reserve Board (Board of Governors of the … - 2007

Governor Kroszner presented identical remarks at the Symposium on Housing Affordability, Washington, D.C., on November 5, 2007

Persistent link: https://www.econbiz.de/10005390174

The challenges facing subprime mortgage borrowers: a speech at the Consumer Bankers Association 2007 Fair Lending Conference, Washington, D.C., November 5, 2007

Kroszner, Randall S. - Federal Reserve Board (Board of Governors of the … - 2007

Governor Kroszner presented identical remarks at the Symposium on Housing Affordability, Washington, D.C., on November 5, 2007

Persistent link: https://www.econbiz.de/10005390207

GSEs, mortgage rates, and the long-run effects of mortgage securitization

Passmore, Wayne; Sparks, Roger; Ingpen, Jamie - Federal Reserve Board (Board of Governors of the … - 2001

illustrating that market structure, government sponsorship, and the characteristics of the mortgages securitized are all important … enhancements needed in the private sector. Using our simulation model, we demonstrate that when mortgages eligible for purchase by … the GSEs have characteristics similar to other mortgages, then implicit government backing generates differences in …

Persistent link: https://www.econbiz.de/10005394027