This paper argues that making affordable home mortgage loans available to a large cross section of the population will … and mortgage markets in selected Middle East and North Africa (MENA) countries (Algeria, Egypt, Jordan, Morocco, and … growth of alleviating housing shortages by improving access to mortgage financing. …

to explain, although ample supply, low home ownership, and less complete mortgage markets are likely factors. The impact …

past two decades. It finds that (i) mortgage markets have experienced rapid development, which has led to lower private per …

This paper considers the case for mortgage covered bonds as an alternative to the originate-to-distribute mortgage … mortgage loan quality in the United States - potentially reflecting borrower incentives under the personal bankruptcy framework …

projected to go even higher. While most of the time a foreclosure is a suboptimal resolution of a distressed mortgage, a number …Home foreclosure rates have risen in the United States to the highest levels since the Great Depression. With house … prices falling, lending standards tightening, unemployment rising, and interest rate resets in the pipeline, foreclosures are …

This paper reviews the Mexican experience with the securitization of residential mortgages. It highlights the key … legislative and institutional reforms leading to the development of primary and secondary mortgage markets and reports the main … outlook for the Mexican RMBS market and draws some lessons from the recent U.S. subprime mortgage market problems. …

market. The government improved the legal environment for mortgage finance by passing reforms that reduced the average time … to foreclosure from five years to two, by facilitating the reform of several state property registries and by … facilitating mortgage securitization. …

Using detailed information on lobbying and mortgage lending activities, we find that lenders lobbying more on issues … related to mortgage lending (i) had higher loan-to-income ratios, (ii) securitized more intensively, and (iii) had faster … issues unrelated to mortgage lending, (ii) a difference-in-difference approach based on state-level laws, and (iii …