Academic research, government inquiries, and press accounts show extensive mortgage fraud during the housing boom of … the mid-2000s. We explore a particular type of mortgage fraud: the overstatement of income on mortgage applications. We … define “income overstatement” in a zip code as the growth in income reported on home-purchase mortgage applications minus the …

the mortgage secondary market fostered by securitization has reduced the impact of local funding shocks on credit supply …

apply it to the case of the ongoing subprime mortgage crisis. If there is a spillover, does it manifest itself primarily by …

reduce debtors' mortgage payments, i.e., introducing quot;cram-downquot; of mortgages in Chapter 13. lt;brgt; lt;brgt;We find … that 96% of Chapter 13 filers are homeowners and 79% of filers repay mortgage debt in their repayment plans; while just 9 …

conventional commitment mortgage coupon rates in terms of current and lagged values of this perfect-market coupon rate. Finally, we …

economic value of these assets in savings and loan associations' portfolios varies from one form of mortgage to another. For … either of the fixed interest rate contracts, the cash flow from the mortgage is constant as long as it has not been prepaid … mortgage holders resulting from interest rate changes. Our estimate is based on a sample of 4,000 mortgages issued in …

The fair premia on FHA mortgage default insurance contracts are computed under alternative assumptions regarding the …

decline and foreclosure rates is modelled using a distributed lag. Using this model, holders of residential mortgage …

select an adjustable or fixed rate mortgage (ARM or FRM) and whether to choose an FHA or a conventional loan. While some have … analyzed the mortgage debt decision and the ARM/FRM choice, virtually no one has studied the FHA/conventional mortgage choice … or the interrelation among the mortgage debt and instrument decisions. In our sample of 819 young home purchasers, debt …

As the role of mortgage brokers in mortgage origination grew from insignificant in the 1980s to dominant in recent … regulated the business, largely by creating and tightening occupational licensing requirements for mortgage brokers. The … question of whether increased occupational licensing of mortgage brokers improves consumer outcomes is theoretically ambiguous …