The destabilization of the economic situation led to a decline in the volume of transactions on the mortgage market …

1997 to 2010, this paper provides empirical evidence that loan securitization in Europe is a composite decision based on … change when separately investigating securitization transactions during the pre-crisis and crisis period. Moreover, results …

We study the impact that lower complexity in bank securitisations has on mortgage quality before and during the COVID … the pandemic, while results are heterogeneous across countries and borrower characteristics, we show that mortgage …

This paper presents a framework for estimating losses in the residential real estate mortgage portfolios of German …-trigger hypothesis of mortgage defaults. In order to analyse the possible credit losses stemming from residential mortgage lending we … to 2020 for the whole German banking sector. Our results show that loss rates in the residential mortgage portfolios of …

Credit score cutoff rules result in very similar potential borrowers being treated differently by mortgage lenders …. Recent research has used variation induced by these rules to investigate the connection between securitization and lender … interpret the cutoff rule evidence and conclude that mortgage securitizers were in fact aware of and attempted to mitigate the …

Mortgage originators use credit score cutoff rules to determine how carefully to screen loan applicants. Recent … research has hypothesized that these cutoff rules result from a securitization rule of thumb. Under this theory, an observed … jump in defaults at the cutoff would imply that securitization led to lax screening. We argue instead that originators …

This study uses the 2008 mortgage crisis to demonstrate how the relationship between vertical integration and … performance crucially depends on corporate governance. Prior research has argued that the vertical integration of mortgage … origination and securitization aligned divisional incentives and improved lending quality. We show that vertical integration …

This study examines the effect of the opioid epidemic on bank mortgage lending decisions. We find that mortgage loan …