Analyzing the period 1988--2006, we document that banks that are active in strong housing markets increase mortgage … profitable opportunities in mortgage lending, rather than with a demand-based interpretation. The results suggest that housing …

The recent global financial crisis, sparked by developments in the American mortgage market, provides a timely … opportunity for a thorough analysis of the standard model for financing home purchases. The United States residential mortgage … the novel insight that a non-recourse mortgage with no initial down payment resembles the case of corporate …

loans to exposed manufacturing firms decrease commercial lending and increase mortgage lending. The reallocation is …

Rural homeownership is promoted in the United States by mortgage insurance programs administered by the federal … Rural Housing Service. We find applicants are sensitive to the relative annual mortgage insurance premiums and guarantee … mortgage choice …

The financial health of the mortgage insurance industry is vital for the flow of mortgage credit to low wealth … borrowers. Private mortgage insurance competes with insurance offered through the federal government, particularly the Federal … Housing Administration. This paper employs a Heckman selection model and a database of mortgage insurance applications to …

-standing and widespread Government-Sponsored Enterprises' (GSEs) mortgage default insurance subsidy on banks' equilibrium lending … subsidy is about 25 basis points per dollar, reduces the equilibrium mortgage interest rate by the same amount (3.6% of the …

This paper presents estimates of the effect of the share of mortgage lending by individual banks on two measures of … economies for 2007-2013 from the Bankscope database. The findings suggest that mortgage lending is positive for financial … ratio, at least in noncrisis periods, for levels of mortgage shares up to 30%-40%. For higher levels of mortgage lending …

Existing research on racial discrimination in mortgage lending has overwhelmingly focused on whether black applicants … disparity in mortgage rates is widespread between black and white borrowers, it is the more financially vulnerable black women …

Mortgage insurance compensates lenders for losses in the event of default by borrowers. Whether offered by private … mortgage insurance companies or the Federal Housing Administration (FHA), mortgage insurance is often required for borrowers … with insufficient wealth for a large downpayment in order to purchase a home. Consequently, mortgage insurance is …