Narrow search
Showing 1 - 10 of 71
Cover Image
The mortgage market meltdown and house prices
Hubbard, R. Glenn; Mayer, Christopher J. - In: The B.E. journal of economic analysis & policy 9 (2009) 3, pp. 1-45
Persistent link: https://www.econbiz.de/10009550976
Cover Image
The Mortgage Market Meltdown and House Prices
Hubbard, R. Glenn - 2011
This paper argues that the U.S. mortgage debacle must be analyzed in the broader setting of global real estate markets …
Persistent link: https://www.econbiz.de/10013119203
Cover Image
Misinformed Speculators and Mispricing in the Housing Market
Chinco, Alex - 2014
This paper uses transactions-level deeds records to examine how out-of-town second house buyers contributed to mispricing in the housing market. We document that out-of-town second house buyers behaved like misinformed speculators and drove up both house price and implied-to-actual rent ratio...
Persistent link: https://www.econbiz.de/10013060684
Cover Image
The inefficiency of refinancing : why prepayment penalties are good for risky borrowers
Mayer, Christopher J.; Piskorski, Tomasz; Tchistyi, Alexei - 2010
"This paper explores the practice of mortgage refinancing in a dynamic competitive lending model with risky borrowers … prevents the mortgage pools from becoming disproportionately composed of the riskiest borrowers over time. Mortgages with … prepayment penalties allow lenders to lower mortgage rates and extend credit to the least creditworthy, with the largest benefits …
Persistent link: https://www.econbiz.de/10008773265
Cover Image
The Inefficiency of Refinancing : Why Prepayment Penalties Are Good for Risky Borrowers
Mayer, Christopher J. - 2010
This paper explores the practice of mortgage refinancing in a dynamic competitive lending model with risky borrowers … prevents the mortgage pools from becoming disproportionately composed of the riskiest borrowers over time. Mortgages with … prepayment penalties allow lenders to lower mortgage rates and extend credit to the least creditworthy, with the largest benefits …
Persistent link: https://www.econbiz.de/10012462071
Cover Image
The Inefficiency of Refinancing : Why Prepayment Penalties are Good for Risky Borrowers
Mayer, Christopher J. - 2010
This paper explores the practice of mortgage refinancing in a dynamic competitive lending model with risky borrowers … prevents the mortgage pools from becoming disproportionately composed of the riskiest borrowers over time. Mortgages with … prepayment penalties allow lenders to lower mortgage rates and extend credit to the least creditworthy, with the largest benefits …
Persistent link: https://www.econbiz.de/10013135393
Cover Image
Subprime mortgages : what, where, and to whom?
Mayer, Christopher J.; Pence, Karen M. - 2008
"We explore the types of data used to characterize risky subprime lending and consider the geographic dispersion of subprime lending. First, we describe the strengths and weaknesses of three different datasets on subprime mortgages using information from LoanPerformance, HUD, and HMDA. These...
Persistent link: https://www.econbiz.de/10003725664
Cover Image
Subprime Mortgages : What, Where, and to Whom?
Mayer, Christopher J. - 2008
We explore the types of data used to characterize risky subprime lending and consider the geographic dispersion of subprime lending. First, we describe the strengths and weaknesses of three different datasets on subprime mortgages using information from LoanPerformance, HUD, and HMDA. These...
Persistent link: https://www.econbiz.de/10012464562
Cover Image
The housing cycle in eastern Massachusetts : variations among cities and towns
Case, Karl E. - In: New England economic review (1995), pp. 24-40
Persistent link: https://www.econbiz.de/10001184724
Cover Image
Assessing the performance of real estate auctions
Mayer, Christopher J. - In: Real estate economics : journal of the American Real … 26 (1998) 1, pp. 41-66
Persistent link: https://www.econbiz.de/10001249245