Recent research in economic history has found that mortgage debt in relation to GDP has taken off in the historical … long run ("great mortgaging"), as growing banking assets have been redirected into mortgage credit. This paper maps the …-income securities. A parallel shift to secondary mortgage bonds has hardly offset this decline, while direct real estate remained …

through innovations in the mortgage market and financial deregulation. This study looks at the factors driving home equity …

Mortgage refinancing activity associated with extraction of home equity contains a strongly counter-cyclical component … empirically evaluate its predictions for the households' choices of leverage, liquid assets, and mortgage refinancing using micro …

regulations requiring primary mortgage insurance (PMI) for loans with loan to value ratios (LTV) above 80%. Our empirical analysis … of tests to explore different origination and execution channels of mortgage steering …

mortgage performance. I show that face-to-face interaction between a mortgage broker and borrower before the loan funds is … associated with lower levels of ex post default. The relation between face-to-face broker-borrower interaction and mortgage … mortgage broker and borrower may reduce problems associated with financial illiteracy …

The mortgage default decision is part of a complex household credit management problem. We examine how factors … affecting mortgage default spill over to other credit markets. As home equity turns negative, homeowners default on mortgages … intensify the preservation of credit cards over housing debt. Although mortgage non-recourse statutes increase default on all …

commercial mortgage market …

mortgage crisis, which, in contrast to the preceding housing boom, was not accompanied by a rise in homeownership rates. Using …