adjustment of the mortgage banking business model that assumes a synergy between the credit policy and the policy for funding … mortgage portfolios with L.Z. within groups will also be of essential importance. The direction of systemic solutions …

We use a detailed dataset of seriously delinquent mortgages to examine the dynamic process of mortgage default …

securitization on the incidence of mortgage modification and foreclosure based on the early payment default analysis performed by … rates are not the result of contract frictions inherent in the mortgage securitization process. Copyright Springer Science …

We investigate the recent financial crisis with an emphasis on the interlock among housing, mortgage, and credit …>, <CitationRef CitationID="CR6">2010</CitationRef>), we develop a model in which both prices of the mortgage and its collateral are …-cyclical leveraging practice by financial intermediaries can magnify their losses in mortgage-related assets and consequently cause …

firms and their creditors. Due to this, the capital structure of micro firms is biased towards mortgage loans, as it allows … them to avoid bankruptcy by carrying out debt enforcement via mortgage foreclosures, which are cheaper procedures than … (choice of capital structure, choice between bankruptcy and mortgage) of Spanish firms with those of firms from countries …