Canada's mortgage insurance risk needs a better backstop fund, according to a new report released today by the C ….D. Howe Institute. In “Mortgage Insurance as a Macroprudential Tool: Dealing with the Risk of a Housing Market Crash in Canada …,” authors Thorsten V. Koeppl and James MacGee suggest an era of steadily rising house prices and high mortgage debt warrants …

macroprudential policy changes in Canada using a microsimulation model of mortgage demand of first-time homebuyers. Policies targeting …

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

In response to the Global Financial Crisis (2007–2009), financial institutions exposed to the subprime mortgage market …

In the years preceding the Great Depression (1929–1933), home prices and outstanding mortgage debt grew substantially … private institutions that specialized in home mortgage loans, including savings and loan associations, mutual savings banks …

The U.S. mortgage market has experienced phenomenal change over the last 35 years. Most observers believe that the … for assessing the impact of changes in the mortgage market on individuals and households. Our analysis is based on an … of the relationship between housing spending and future income as a measure of the imperfectnessʺ of mortgage markets …

determinants of access to mortgage finance. It also examines whether mortgage holders were more likely to suffer financial distress … compared with non-mortgage holders in the period before the global financial crisis. The analysis does not find any systematic … evidence that mortgage holders are financially more vulnerable than renters or outright owners; in fact, the incidence of …

homeowner only once the loan is repaid. By effectively reducing the LTV of the mortgage, it increases the homeowner's incentives …