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 …

Ten years after the mortgage crisis, the U.S. housing market has rebounded significantly with house prices now near the … peak achieved during the boom. Homeownership rates, on the other hand, have continued to decline. We reconcile the two … homeownership rates between 2007 and 2014. We further demonstrate that institutional investors contributed to the improvement in the …

mortgage crisis, which, in contrast to the preceding housing boom, was not accompanied by a rise in homeownership rates. Using … declines in the homeownership rates …

The state of Nevada passed legislation in 2009 that abolished deficiency judgments for purchase mortgage loans made … unique mortgage loan-level application and performance data, we find strong evidence that lenders tightened their lending … mortgages after implementation of the law. Borrowers, by contrast, did not delay their mortgage applications until after the law …

The state of Nevada passed legislation in 2009 that abolished deficiency judgments for purchase mortgage loans made … unique mortgage loan-level application and performance data, we find strong evidence that lenders tightened their lending … mortgages after implementation of the law. Borrowers, by contrast, did not delay their mortgage applications until after the law …

We use a matched credit bureau and mortgage data set to identify occupancy fraud in residential mortgage originations … government-sponsored enterprise market and in loans held on bank portfolios as well. Mortgage borrowers who misrepresented their …

Retired homeowners dissave more slowly than renters, which suggests that homeownership affects retirees' saving … decisions. We investigate empirically and theoretically the life-cycle patterns of homeownership, housing and nonhousing assets … considering homeownership, retirees' net worth would be 28-44 percent lower, depending on age …

investors — in residential mortgage originations. Unlike previous work, we show that fraud was prevalent in originations not …

We use a matched credit bureau and mortgage dataset to identify occupancy fraud in residential mortgage originations … interest rate, particularly for riskier borrowers. Mortgage borrowers who misrepresented their occupancy status performed …