We study the evolution of US mortgage credit supply during the COVID-19 pandemic. Although the mortgage market …

separately considers mortgage and non-mortgage securitization, conducts a discrete analysis of regulatory changes in … econometric analysis. Finding: The author has demonstrated that there is a strong inverse relationship between the mortgage … lending volume and the interest rate, and has built a linear function of the estimated mortgage lending volume. The excess in …

mortgage contract designs that more directly pass through interest rate declines to borrowers can reduce racial mortgage …

An explanation of the Great Depression based on mortgage debt via the banking channel has been downplayed due to the … conservatism of mortgage contracts at the time. Indeed, maturities were particularly short compared to today's average terms … a newly-compiled dataset from 1934, this paper uncovers the darker side of 1920s U.S. mortgage lending: the so …

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 …

rate. Among the many results in the paper, we show that mortgage risk had already risen in the 1990s, planting the seeds of …

annual mortgage insurance premium in January 2015 to study the impact of federal housing policy and interest rates on housing …

mortgage features in a novel way. Importantly, they require little or no downpayment. The WBHLs in the market today are 15- and … 30-year fixed rate mortgage (FRM), due in part to the use of an ARM structure with a low initial rate. Shorter …

defaulters have both negative equity and enough liquid or illiquid assets to make one month's mortgage payment. This finding …

Much of the literature on the economics of mortgage markets has studied the FRM-ARM choice made by individual borrowers … of optimal risk-sharing in mortgage contracts. But since only a small literature has studied this question, more research …'s (1986a) model, using it to characterize optimal contracts in the absence of mortgage termination, and then exploring how …