Debt and financial market contagion. [PDF]
Hsiao CY, Morley J.
europepmc +1 more source
The Future of the Government Sponsored Enterprises: The Role for Government in the U.S. Mortgage Market [PDF]
This paper analyzes options for reforming the U.S. housing finance system in view of the failure of Fannie Mae and Freddie Mac as government sponsored enterprises (GSEs).
John M. Quigley, Dwight Jaffee
core
Residential mortgage loan securitization and the subprime crisis
Many analysts believe that problems in the U.S. housing market initiated the 2008-2010 global financial crisis. In this regard, the subprime mortgage crisis (SMC) shook the foundations of the financial industry by causing the failure of many iconic Wall Street investment banks and prominent depository institutions.
openaire +2 more sources
Neighborhood Subprime Lending and the Performance of Community Reinvestment Mortgages [PDF]
This study analyzes the spillover effect of the spatial concentration of subprime lending on the performance of recently originated community reinvestment mortgages targeting low- to moderate-income borrowers.
Lei Ding +2 more
core
The Housing Meltdown: Why Did It Happen in the United States? [PDF]
The crisis enveloping global financial markets since August 2007 was triggered by actual and prospective credit losses on US mortgages. Was the United States just unlucky to have been the first to experience a housing crisis?
Luci Ellis
core
The impact of financial development on income inequality and poverty. [PDF]
Bayar AA.
europepmc +1 more source
This paper empirically examines the spatial correlation differences and mechanisms of housing prices in prefecture-level cities, considering the influence of administrative boundaries.
He Wang, Shujun Yang
doaj +1 more source
Prepayment and delinquency in the mortgage crisis period [PDF]
We study the interaction of borrower mortgage prepayment and mortgage delinquency during the period between 2001 and 2010. We show that when house prices flattened and began their subsequent decline, borrowers had increasingly slow prepayments and that ...
Elizabeth Laderman, John Krainer
core
"A Perspective on Minsky Moments--The Core of the Financial Instability Hypothesis in Light of the Subprime Crisis" [PDF]
This paper aims to help bridge the gap between theory and fact regarding the so-called "Minsky moments" by revisiting the "financial instability hypothesis" (FIH). We limit the analysis to the core of FIH--that is, to its strictly financial part.
Alessandro Vercelli
core
Seeing Covid-19 Through a Subprime Crisis lens: How Structural and Institutional Racism Have Shaped 21st-Century Crises in the U.K. and the U.S. [PDF]
Curry F +3 more
europepmc +1 more source

