done to stop it. We use an economic model to focus on two key decisions: the borrower's choice to default on the mortgage … illustrate that "unaffordableʺ loans, defined as those with high mortgage payments relative to income at origination, are …

The extension of the subprime mortgage crisis to a global financial meltdown led to calls for fundamental reregulation … ; subprime crisis ; mortgage affiliate regulation …

in subprime private-label mortgage-backed securities (PLS), influenced the risk characteristics and prices of the deals … and Freddie Mac purchased securities included separate mortgage pools: one specifically created for the GSEs and one or … and Freddie Mac had similar ex-ante risk characteristics but performed much better ex-post relative to other mortgage …

The paper integrates agency theory with the asset-pricing model to explore causes of subprime mortgage crisis regarding …

information failure caused by the complexity and heterogeneity of private-label mortgage-backed securities and structured finance … products. Addressing the informational problems with mortgage securitization is critical not just for avoiding future housing … bubbles but for rebuilding American housing finance. The continued availability of the long-term fixed-rate mortgage, which …

both primary and secondary mortgage market problems in the U.S. are accepted as the essential reasons of the current crisis … importance of real estate valuation in the origination of crisis and whether Turkish mortgage market has similar problems with …

mortgage market, and resulted in lower ZIP code denial rates, higher subprime origination rates, and higher subsequent default …