mortgage equity withdrawal (MEW) loan products were denied. Black and Hispanic homeowners' applications were denied at even … with purchase and rate/term refinance mortgage applications. Controlling for loan and borrower characteristics commonly …

lending guidelines, and demand in housing construction and mortgage lending has plummeted. Against this background, the paper …

Federal Housing Administration (FHA) mortgage insurance program. The suits led to more than $5 billion in settlements and … exit has significantly reduced low-income households' overall access to mortgage credit. …

Extensive research has confirmed that there is significant anchoring bias in purchase mortgage appraisals, with …

Using the universe of mortgage applications data in the US, we document that since the early 1990s there was a … show that the presence of a co-borrower reduces the mortgage default probability by more than 50 percent for both prime and … mortgage default rates over the period 2007-2010. Further, a lower co-borrower share at the local level was related to …

We study the genesis of the 2000s housing boom in Denmark, a country with a similar mortgage finance system to the U … higher in areas with higher ex-ante benefits of such mortgages. We conclude that seemingly small mortgage finance innovations …

This paper describes a novel methodology of measuring risky and conservative mortgage credit using household survey … output, a feature linked to the lower relevance of homeownership which implies that mortgage credit plays a less prominent …

of the Voting Rights Act as a shock to the enfranchisement of black Americans with granular data on the US mortgage … market, we document a 14% decline in mortgage origination for black Americans. This is driven by their self-selection out of … the mortgage market rather than a change in denial rate. Additionally, we observe a flight of black demand to black …

exploit the rebranding of a mortgage lender to analyse households’ choice behaviour in response to brand popularity. Loan …-level data on new mortgages suggest that (1) brand awareness reduces the equilibrium price of residential mortgage contracts and …

We characterise the large number of mortgage offers for which people qualify. Almost no one picks the cheapest option … income borrowers. Young people and first-time buyers are more mistake-prone. The dispersion in the mortgage menu is …