euro area, repayments of the mortgage loans granted in the boom preceding the financial crisis have been dragging down net … housing markets better than net loans. Moreover, credit supply restrictions during the crisis are estimated to be smaller …

Due to the significant share of mortgage loans in the portfolio structure of a large number of commercial banks … that deals with the causes of non-performance of mortgage loans and the impact of lending standards on reducing systemic …

We develop a framework to explore the effect of credit ratings on loan origination and securitization. In the model …

attention is paid to the challenges that the real estate market and mortgage loans have been facing during the crisis caused by …

An expansion in mortgage credit to subprime borrowers is widely believed to have been a principal driver of the 2002 … purchase mortgages to subprime borrowers. We also document that the expansion in speculative mortgage products and underwriting …

This paper shows, using data from the Family Income and Expenditure Survey, that housing credit has become increasingly … housing and enabled them to do so at an earlier age. However, it also shows that the greater availability of housing credit … of housing credit has been accompanied by a pronounced shift from fixed-rate to variablerate housing loans. This is cause …

It is widely perceived that the supply of mortgages, especially since the extensive liberalization of the mortgage … estimate a credit condition index (CCI). The credit conditions index represents changes in the supply of credit over time … financial futures, options, swaps, securitized loans and synthetic securities which allowed for easy access to credit for …

We study the relationship between the labor market for loan officers and access to credit in the residential mortgage … market. Using novel data matching the (near) universe of mortgage applications to loan officers, we find that minorities are … significantly underrepresented among mortgage loan officers. Minority borrowers are less likely to complete mortgage applications …