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Why did the mortgage market prosper in 2020 and 2021 during a period of extreme economic uncertainty? We find that … and policies to stabilize mortgage intermediaries, played a significant role in supporting the mortgage and housing … highlights the potential benefits of alternative mortgage designs that allow rates on existing mortgages to fall automatically …
Persistent link: https://www.econbiz.de/10014256767
Studies on denial rates in mortgage lending do not adequately account for lender heterogeneity due to divergent … underwriting or regulatory practices. Using a sample of over two million home purchase mortgage applications from the Home Mortgage … counterfactual experiments to predict the denial rates of individual lenders if they evaluate all mortgage applications in the …
Persistent link: https://www.econbiz.de/10013294441
Persistent link: https://www.econbiz.de/10012822767
In this paper, we discuss 10 parallels between the lack of preparation of financial system regulators prior to the GFC and the lack of preparation by public health authorities and governments prior to Covid-19. These parallels relate to: required stocks (of capital or equipment), data collection...
Persistent link: https://www.econbiz.de/10012490913
The coronavirus (COVID-19) pandemic has halted economic activity worldwide, hurting firms and pushing them toward …
Persistent link: https://www.econbiz.de/10012834375
This paper examined the effect of COVID-19 pandemic on global stock markets. Daily closing prices were obtained from Wall Street data base from 1st January to 31st March 2020. For the analysis 80 trading days were used from 20th January, 2020, when the news of COVID-19 pandemic broke out to 11th...
Persistent link: https://www.econbiz.de/10013241676
We study the evolution of US mortgage credit supply during the COVID-19 pandemic. Although the mortgage market … guarantees and loans to the riskiest borrowers. Mortgage backed securities purchases by the Federal Reserve also supported the …
Persistent link: https://www.econbiz.de/10014048680
We study the evolution of US mortgage credit supply during the COVID-19 pandemic. Although the mortgage market … guarantees and loans to the riskiest borrowers. Mortgage-backed securities purchases by the Federal Reserve also supported the …
Persistent link: https://www.econbiz.de/10014025959
We study the evolution of US mortgage credit supply during the COVID-19 pandemic. Although the mortgage market …
Persistent link: https://www.econbiz.de/10012581406
We study the evolution of US mortgage credit supply during the COVID-19 pandemic. Although the mortgage market … guarantees and loans to the riskiest borrowers. Mortgage-backed securities purchases by the Federal Reserve also supported the …
Persistent link: https://www.econbiz.de/10012593674