Home appraisals are produced for millions of residential mortgage transactions each year, but appraised values are … institutional framework that governs mortgage lending lead to information loss in appraisals (that is, appraisals set equal to the … incidence of mortgage default at loan-to-value boundaries (notches) above which mortgage insurance rates increase. Appraisals …

), whereby the household can default on mortgage repayments, what leads to housing collateral seizure. Foreign-owned banks, that … are subject to risk-sensitive macroprudential capital requirements, take into account not only the mortgage default rate … risk. Therefore, a tightening of LTV requirement should result in only a slight reduction in mortgage lending, coupled with …

which is between the house price cycles before the time of mortgage origination and LGD. The empirical analysis is based on …This paper studies the impact of housing market cycles on loss given default (LGD). Previous studies have shown that … the current loan-to-value ratio (CLTV) is the most important determinant of LGD. This paper establishes another linkage …

A model of mortgage defaults is built into the standard incomplete markets model. Households face income and house … the risk of default. The model accounts for the observed patterns of housing consumption, mortgage borrowing, and defaults …. Default-prevention policies are evaluated. The mortgage default rate, housing demand, households' ability to self-insure, and …

This paper extends what we know about loss given default (LGD) by examining a newly available dataset on commercial … between 2008 and 2013. We examine over 14,000 distressed CRE loans to study the relationship between LGD and loan size … examine the relationship between LGD and certain bank characteristics. The results inform commercial lenders and regulators …