role of the Government Sponsored Enterprises in facilitating the creation of a secondary market for mortgage …

This paper reviews the mortgage-backed securities (MBS) market, with a particular emphasis on agency residential MBS in … economic effects of mortgage securitization. We also assemble descriptive statistics about market size, growth, security … the MBS market and mortgage securitization. …

This paper considers the case for mortgage covered bonds as an alternative to the originate-to-distribute mortgage … mortgage loan quality in the United States - potentially reflecting borrower incentives under the personal bankruptcy framework …

legislative and institutional reforms leading to the development of primary and secondary mortgage markets and reports the main … outlook for the Mexican RMBS market and draws some lessons from the recent U.S. subprime mortgage market problems. …

projected to go even higher. While most of the time a foreclosure is a suboptimal resolution of a distressed mortgage, a number … of features of the mortgage finance system often prevent loan modifications. This paper reviews the impediments to … successful mortgage restructuring and proposes a number of ways to improve the situation. The proposals build on the recognition …

Using detailed information on lobbying and mortgage lending activities, we find that lenders lobbying more on issues … related to mortgage lending (i) had higher loan-to-income ratios, (ii) securitized more intensively, and (iii) had faster … issues unrelated to mortgage lending, (ii) a difference-in-difference approach based on state-level laws, and (iii …