The banking sector in the United Kingdom (UK) was deeply affected by the crisis. Bank credit has collapsed reflecting … to improve access to finance united under the roof of the British Business Bank. Further structural reforms are needed to …

% for home-owning households and 40% for mortgage holders. Even though defaults have so far been limited, mortgage …

researchers to depend on data from insurance company portfolios or the commercial mortgage backed securities (CMBS) market …, neither of which are good proxies for bank CRE loans. We use a unique loan-level dataset from banks taken immediately to their …

In fall 2008, the Federal Housing Finance Agency (FHFA) placed mortgage giants Fannie Mae and Freddie Mac in … one hand, the FHFA is tasked with stabilizing the secondary mortgage market and providing access to mortgage credit …. Achieving this task encourages Fannie and Freddie to absorb some mortgage-related losses. On the other hand, the FHFA is tasked …

arbitrage. Mortgage banking subsidiaries of Bank Holding Companies (BHCs) became increasingly active players in the mortgage …This paper examines loan originations by mortgage banking subsidiaries surrounding a recent period of regulatory … origination market over the past decade. At the time, the Federal Reserve Bank (FRB) had supervisory power over this group of …

mortgage tax from being levied on borrowers to being levied on banks; (ii) some areas, for historical reasons, were exempt from … results: First, after the policy change, the average mortgage rate increases consistently with a strong - but not complete …-full tax pass-through, the tax shift increases banks' risk-taking. More affected banks reduce costly mortgage insurance in case …

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 … then use the model to run a top-down stress test and simulate losses on the individual bank level for the years from 2018 …

We document that banks reduce supply of jumbo mortgage loans when policy uncertainty increases as measured by the …

We study how deposit competition affects a bank’s decision to securitize mortgages. Exploiting the state … probability that banks securitize mortgage loans. This result is driven by an 11 basis point increase in deposit costs and …