Similar Search Results

Default, mortgage standards and housing liquidity

Head, Allen Charles; Sun, Hongfei; Zhou, Chenggang - 2016

with search in the housing market and defaultable long-term mortgages. In equilibrium, both sellers' asking prices and time …-to-sell increase with the relative size of their outstanding mortgages. In turn, the liquidity of the housing market associated with …

Persistent link: https://www.econbiz.de/10011487312

Consumer risk appetite, the credit cycle, and the housing bubble

Breeden, Joseph L.; Canals-Cerdá, José J. - 2016

Persistent link: https://www.econbiz.de/10011449437

Crises in the housing market : causes, consequences, and policy lessons

Garriga, Carlos; Hedlund, Aaron - 2019

Persistent link: https://www.econbiz.de/10012138895

Stress testing the German mortgage market

Barasinska, Nataliya; Haenle, Philipp; Koban, Anne; … - 2019

This paper presents a framework for estimating losses in the residential real estate mortgage portfolios of German banks. We develop an EL model where LGD estimates are based on current collateral values and PD dynamics are estimated using a structural PVAR approach. We confirm empirically that...