We estimated the effect of the share of mortgage lending by individual banks (together with some control variables) on two measures of financial stability - the bank Z-score and the nonperforming loan ratio - for a sample of 212 banks in 19 emerging Asian economies for 2007–2013 from the...

This paper presents estimates of the effect of the share of mortgage lending by individual banks on two measures of financial stability — the bank Z-score and the nonperforming loan ratio. The sample covers 212 banks in 19 emerging Asian economies for 2007-2013 from the Bankscope database. The...

Long-term auto loans have become increasingly popular in the past decade. We find that consumers use these loans to obtain larger auto loans with lower monthly payments. After controlling for the observed risk factors typically available during the underwriting process, auto loans with...

Using unsecured personal loans from a credit bureau, we find that fintech firms bring lower borrower costs than the traditional lenders (i.e., banks and credit unions) in the medium to high credit score segments (i.e., credit score 670). Among subprime borrowers (i.e., credit score 670), fintech...

Using data from a main consumer credit bureau, we explore how fintech firms successfully compete in the unsecured personal loans (UPL) market. We find that fintech borrowers have comparable levels of banking relationships and credit bureau scores as bank borrowers, but fintech borrowers seem to...

We find evidence that banks respond to increasing non-bank competition in the post-2012 conforming residential mortgage market by making use of their balance sheet financing capability. Loan retention decision post 2012 is in stark contrast with that before 2012 when nonbank competition was only...