This paper investigates the impact of lower mortgage rates on household balance sheets and other economic outcomes … loans, which constitute the vast majority of U.S. mortgage borrowers. Using a difference-in-differences framework that … sizable decline in mortgage payments ($150 per month on average) induces a significant drop in mortgage defaults, an increase …

This paper presents a framework for estimating losses in the residential real estate mortgage portfolios of German …-trigger hypothesis of mortgage defaults. In order to analyse the possible credit losses stemming from residential mortgage lending we … to 2020 for the whole German banking sector. Our results show that loss rates in the residential mortgage portfolios of …

This paper empirically analyses the effect of unemployment on mortgage loan late payments using German household panel … missing a mortgage payment increases by two percentage points. The effect intensifies with the length of unemployment. When … examining the interaction between mortgage late payments and households' debt service, we find that higher borrower-based risk …

This paper exploits a recent and granular data set for 1,500 German LSIs to conduct a residential mortgage stress …

This paper presents a framework for estimating losses in the residential real estate mortgage portfolios of German …-trigger hypothesis of mortgage defaults. In order to analyse the possible credit losses stemming from residential mortgage lending we … to 2020 for the whole German banking sector. Our results show that loss rates in the residential mortgage portfolios of …

This paper exploits a recent and granular data set for 1,500 German LSIs to conduct a residential mortgage stress …