Sherlund, Shane M. - Federal Reserve Board (Board of Governors of the … - 2008
.
Keywords: Mortgages, jumbo-conforming spread, partial-linear regression, local-
linear regression.
1 Introduction
The housing … to lenders for making
mortgage loans. The GSEs, as well as private-label issuers, purchase mortgages
from lenders and …. Some research argues that the GSEs serve to reduce
interest rates on so-called conforming mortgages—those that the housing …