Search Results - subject_exact:"Wohnungsbaufinanzierung"

Pushing the limit : how borrowers tackle an LTV cap

Coulier, Lara; De Schryder, Selien; Van Den Heuvel, Milan; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015608779

Measuring the impact of property insurance premiums on the mortgage market

Meisenzahl, Ralf R.; Polacek, Andy; Ramnath, Shanthi; … - 2026

We document that increases in property insurance premiums reduce mortgage originations. The effect is strongest for the rate refinancing and cash-out refinancing segments. We show that denials associated with increased premiums are significantly more likely attributed to high debt-to-income...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015591522

Addressing commercial real estate lending risks with borrower-based measures

Gąsiorowski, Paweł; Skudelny, Frauke; Albanese, Alessandra - 2026

This paper explores ways in which borrower-based measures (BBMs) could be applied to commercial real estate (CRE) lending, focusing on suitable metrics and scope. BBMs have already proven to be effective in mitigating credit risks in residential real estate lending by curbing excessive credit...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015605052

Housing bust and long-term human capital scarring in the U.S.

Pestova, A. A.; Popov, Alexander - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015625605

Satisfaction and trust in banks on the housing loan market

Czechowska, Iwona Dorota; Paduszyńska, Marta - 2026

The interest in consumer attitudes and role in economic and social life becomes increasingly evident among the representatives of economic sciences and has become a focal point in the financial industry. This issue is not only important for financial institutions in terms of building long-term...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015625927

Testing for co-explosive behavior between mortgages loans and house prices in the Spanish economy

Esteve García, Vicente; Blanco Arroyo, Omar; Prats, … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015626554

Evolution of the real estate market in Portugal in the 21st Century : an analysis of the first twenty-five years

Tavares, Fernando Oliveira; Pacheco, Luís Dias; … - 2026

This paper examines the evolution of the Portuguese residential real estate market during the first twenty-five years of the 21st century, focusing on the short-run determinants of housing transaction values. Using quarterly data from 2000 to 2025, the study applies an econometric time-series...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015628571

The determinants of mortgage denial using public data

García, Manu; Garriga, Carlos - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015667240

Jeonse-as-a-sukuk : why is Korea a hidden champion of Islamic finance?

Kang, Hyoung Goo; Bilgin, Mehmet Huseyin; Park, Koeung; … - 2026

This study examines Korea's jeonse (key money or lump-sum deposit) system using the framework of sukuk (Islamic financial certificates), highlighting their shared characteristics as asset-backed financial instruments. Despite having origins in different cultural and legal contexts, both systems...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015664919

Housing Construction Finance in Ukraine : Market Assessment and Policy Options

2026

Construction finance refers to the funding of land development and building construction. As such, it is an essential - even if often overlooked - part of any effective national housing finance system. Developers can be associated with different forms of construction finance, each of which can...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015673079

Survey on housing affordability and attitudestowards real estate investment

Cupák, Andrej; Gertler, Pavel; Kucserová, Judita … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016059980

Home ownership start-up loans and school performance

Evensen, Miriam; Schøne, Pål; Umblijs, Janis - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016060320

From bricks to green bricks : evidence from the Italian green mortgage market in 2022-2024

Lionetti, Valeria; Michelangeli, Valentina; Ridi, Ludovico - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016061726

Does government-sponsored mortgage securitization mitigate or aggravate financial crises?

Passmore, Stuart Wayne; Sparks, Roger W. - 2026

This paper analyzes a model of the mortgage market, allowing for scenarios with and without government-sponsored mortgage securitization. Conventional wisdom says that securitization, by fostering diversification and creating a "safe" asset in the form of a mortgage-backed security (MBS), will...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016061701

Strong house price growth in the capital area underscores the need for sound credit standards

Andersen, Henrik Yde; Gaarskær, Cecilie Walsted; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016070100

Credit constraints and the redistribution of housing wealth

Tracey, Belinda; Horen, Neeltje van - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016064625

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Credit constraints and the redistribution of housing wealth

Tracey, Belinda; Horen, Neeltje van - 2026

Book / Working Paper

Housing affordability in Europe : a critical survey of issues

Mihaljek, Dubravko - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016063608

Mortgage risk and inequality during the Covid-19 crisis

Kornilov, Aleksandr; Levenko, Natalia - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016083000

Commercial real estate debt financing in Europe : evidence from a network analysis

Aliman, Mihai; Sarchi, Cecilia; Skudelny, Frauke; … - 2026

The commercial real estate (CRE) sector is a source of financial stability risk, yet its financing structures remain poorly understood because of complex corporate group structures and data limitations. This paper investigates the financing networks of the 100 largest CRE groups in the euro...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016070452

Product innovation in the UK mortgage market : the case of green mortgages

Fatouh, Mahmoud; Guin, Benjamin; Unal, Haluk - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016064176

Mortgage lock-in : a review of the literature

Gerardi, Kristopher; Qian, Franklin; Zhang, David Hao - 2026

This paper reviews the rapidly growing literature on mortgage lock-in and its effects on household mobility, labor reallocation, home sales, owner-occupied prices, and spillovers into rental and commercial markets. We then discuss two future research directions: (1) separately identifying...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016063029

When redevelopment transforms the housing stock : carrot & stick policy and the affordability puzzle

Lebret, Daniel; Liu, Crocker H.; Valentin, Maxence - 2026

In mature cities, housing supply expands primarily through redevelopment of existing structures. We develop a forward-looking spatial equilibrium model in which developers choose whether, when, and how intensively to redevelop individual parcels. Calibrated to New York City, the model shows that...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016085880

The effect of credit expansion on housing purchase prices : borrower-level evidence from a preferential mortgage reform

Chang, Shian; Yang, Tzu-Ting - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016085041

The effects of loan-to-value limits on mortgage lending and housing purchase : evidence from Taiwan

Chang, Shian; Yang, Tzu-Ting - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016085042

Not all housing cycles are created equal : macroeconomic consequences of housing booms

Albuquerque, Bruno; Cerutti, Eugenio M.; Kido, Yosuke; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015579749

Macroprudential policies and homeownership

Bäckman, Claes - 2025

Macroprudential policies are a key policy tool for financial regulators, but concerns persist that these policies restrict access to homeownership. I examine this concern using crosscountry data on homeownership for 28 countries. I find little evidence that macroprudential policies reduce...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015485735

Illusive compliance and elusive risk-shifting after macroprudential tightening : evidence from EU banking

Koetter, Michael; Noth, Felix; Wöbbeking, Carl Fabian - 2025

We study whether and how EU banks comply with tighter macroprudential policy (MPP). Observing contractual details for more than one million securitized loans, we document an elusive risk-shifting response by EU banks in reaction to tighter loan-to-value (LTV) restrictions between 2009 and 2022....

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015202644

Social housing mortgage securitization and peripheral urbanization in Bogotá's metropolitan area

Guerrero Hurtado, Alejandro - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015481218

Housing financialization : tensions, crises, and evolution

Reyes, Alejandra - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015481221

Financial technology and the 1990s housing boom

Johnson, Stephanie; Tzur-Ilan, Nitzan - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015207188

Toward the subordinate financialization of housing in Nicaragua : a critical analysis of Nicaraguan housing policy

Sánchez Uriarte, Perla María - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015481373

The impact of governmental regulations on housing market : findings of a meta-study of empirical literature

Kholodilin, Konstantin - 2025

Housing markets are affected by a large variety of factors. Among them, governmental regulations play an important role. Besides desired effects, all these policies exert a number of side effects, some of which can even offset the desired effects. In addition, different policies can cancel out...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015373983

La fiscalité municipale et le développement immobilier au Québec : à la recherche du gain fiscal

Meloche, Chelsea H. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015333560

Housing booms and local capital misallocation

Liu, Yu; Zhao, Peng; Zhao, Xiaoxue - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015559056

The heterogeneous effects of borrower-based macroprudential policies on housing markets, credit affordability, and housing stock

Hosszú, Zsuzsanna; Borsos, András; Mérő, Bence; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016073195

Schwache Konjunktur bremst Kreditgeschäft : Österreich-Ergebnisse der Umfrage über das Kreditgeschäft im Euroraum : (Bank Lending Survey - BLS) vom Jänner 2025

Hubmann, Gerald - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015188978

Green mortages

Cocco, João F.; Mendes, Bernardo; Naaraayanan, Lakshmi - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015620674

Resiliente Immobilienfinanzierung in turbulenten Zeiten : zur Relevanz der Relevanz der Vorfälligkeitsentschädigung

Voigtländer, Michael - 2025 - Stand: Dezember 2024

Die letzten Jahre waren äußerst turbulent und stellten auch einen Stresstest für die Immobilienfinanzierung dar. In dem vorliegenden Beitrag ist dabei die Entwicklung in Deutschland international eingeordnet worden. Darüber hinaus ist eine zentrale Voraussetzung für Festzinssysteme - die...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015189116

The regional and demographic profile of housing affordability : evidence from greek households

Gatopoulos, Georgios; Louka, Alexandros; Mavropoulos, … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015635229

European Real Estate Index (EREI) 2025

Koetter, Michael; Noth, Felix; Wöbbeking, Carl Fabian - 2025

This Technical Report documents the construction and coverage of the IWH European Real Estate Index (EREI). Since 2018, we have used machine-learning methods to collect monthly listings of residential real estate available for sale or rent in up to 20 European countries. The Technical Report...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015190601

Home construction financing and search frictions in the housing market

Gabrovski, Miroslav; Ortego-Marti, Victor - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015173729

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Home Construction Financing and Search Frictions in the Housing Market

Gabrovski, Miroslav; Ortego-Marti, Victor - 2022

Book / Working Paper

Riding the housing wave : home equity withdrawal and consumer debt composition

Grodecka-Messi, Anna; Li, Jieying; Zhang, Xin - 2025

Using a monthly panel dataset of individuals' debt, we show that house price changes can explain a significant fraction of personal debt composition dynamics. We exploit the variation in local house price growth as shocks to homeowners' housing wealth to study the consequential adjustment of...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015424091

Incomplete pass-through in mortgage markets

Amornsiripanitch, Natee; Ricks, Judith - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015468038

Fiscal gains from real estate development : the case of Québec municipalities

Meloche, Jean-Philippe - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015470620

Restrictive rental policies and a tough trade off : lower rents vs. less construction in Geneva

Ters, Kristyna; Kholodilin, Konstantin - 2025

We study how rent control and housing rationing shape housing investment and market tightness in Geneva using a VAR on annual data (1994-2022) with generalized impulse responses and Granger causality. We find that housing rationing functions as abinding quantity restriction as it precedes a...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015470812

Housing lending, territorial reform, and the financing of central and peripheral regions : towards a spatial-monetary regime shift?

Bourdin, Sébastien; Picault, Jérôme; Simon, Arnaud - 2025

The development of home ownership in the second half of the 20th century has been perceived as an asset and a significant contributor to wealth accumulation. However, rising property prices and increasingly stringent mortgage lending criteria have placed this model under pressure, particularly...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015451575

Mortgage-backed securities

Fuster, Andreas; Lucca, David O.; Vickery, James - 2023

This paper reviews the mortgage-backed securities (MBS) market, with a particular emphasis on agency residential MBS in the United States. We discuss the institutional environment, security design, MBS risks and asset pricing, and the economic effects of mortgage securitization. We also assemble...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014331072

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Mortgage-backed securities

Fuster, Andreas; Lucca, David O.; Vickery, James - 2025

Book / Working Paper

Mortgage-backed securities

Fuster, Andreas; Lucca, David O.; Vickery, James - 2022

Book / Working Paper

Mortgage-backed securities

Fuster, Andreas; Lucca, David O.; Vickery, James - 2022

Book / Working Paper

Mortgage-backed securities

Fuster, Andreas; Lucca, David O.; Vickery, James - 2022

Book / Working Paper

Commercial real estate loans in Europe : does loan-to-value at origination predict default risk?

Ciocchetta, Federica; Pico, Raffaella; Quaglia, Ivan - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015408423

Affordable housing, unaffordable credit? : concentration and high-cost lending for manufactured homes

Dörr, Sebastian; Fuster, Andreas - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015411806

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Affordable housing, unaffordable credit? : concentration and high-cost lending for manufactured homes

Dörr, Sebastian; Fuster, Andreas - 2025

Book / Working Paper

Housing affordability in Germany and its dynamics

Balz, Felix Florian - 2025

The study examines housing affordability in Germany from 2017 to 2023 in light of rising real estate prices and challenges in the housing market. It uses the Housing Affordability Index to identify trends and patterns and propose policy measures to tackle the problems. The results show regional...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015413424