evidence for adverse selection. The effect of securitization is strongest for prime mortgages, which have not been studied …

soft information in mortgage securitization can impose a substantial cost on mortgage servicing, which raises important …Tracking a sample of modified loans underlying private-label mortgage-backed securities, I compare the modification …

Over the term of a securitization transaction, the concept of non-compliance allows a securitizing bank to classify a …

The Dodd-Frank Act requires securitization sponsors to retain not less than a 5% share of the aggregate credit risk of … seemed to accelerate the securitization of originated loans during the months immediately before the rules took effect …

This study examines the effects of pipeline hazards on credit risk using evidence from the 2005–2011 home mortgage …' risk management strategies differed by borrowers' income and evolved with the tightening of the securitization market …