of changes in mortgage market regulation and control. It sets out the factors determining the demand for and supply of … subset of countries with mature mortgage markets that are known to face relevant issues and for which data are more readily …

from interest expense deduction is more beneficial than prepaying a mortgage. This idea stems from a faulty assumption … this type of household when correctly comparing the after-tax cost of the mortgage and the after-tax return of the risk …

Nearly a third of all families purchasing new homes in 2006 obtained a mortgage from a financing company owned or … affiliated with a large homebuilder. Corporate parent profits from both the sale of the house and from financing the mortgage …, which may lead to less screening of borrowers and mortgage terms to get the deal done. In this paper, we use loan-level data …

Long-term fixed-rate mortgage contracts protect households against interest rate risk, yet most countries have … fixation length tracks the life-cycle decline of credit risk in the mortgage market: the loan-to-value (LTV) ratio decreases … using shorter-term contracts. To quantify demand for long-term contracts, I develop a life-cycle model of optimal mortgage …

Technology-based ("FinTech") lenders increased their market share of U.S. mortgage lending from 2 percent to 8 percent … from 2010 to 2016. Using market-wide, loan-level data on U.S. mortgage applications and originations, we show that FinTech … lenders process mortgage applications about 20 percent faster than other lenders, even when controlling for detailed loan …

This chapter considers the structure of mortgage finance in the U.S., and its role in shaping patterns of homeownership … the design features of mortgage contracts that distinguish them from other loans, and that have important implications for … issues presented in the rest of the chapter. We then explain how mortgage finance interacts with public policy, particularly …

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 …