Regulatory Spillovers in Local Mortgage Markets

Discounting in Mortgage Markets

Does Multiple Jeopardy Exist in Mortgage Markets?

Under the Home Mortgage Disclosure Act (HMDA), lenders are required to gather and report information on applicants’ and coapplicants’ ethnicity, race, and gender. These three characteristics are used to define protected class and control groups used for fair lending analyses. Typically, each characteristic is analyzed in isolation. This study explores whether treatment in mortgage markets is af...

Differentially Private Local Electricity Markets

Privacy-preserving electricity markets have a key role in steering customers towards participation in local electricity markets by guarantying to protect their sensitive information. Moreover, these markets make it possible to statically release and share the market outputs for social good. This paper aims to design a market for local energy communities by implementing Differential Privacy (DP)...

Miscommunication Shook Up Mortgage , Bond Markets

This decline in mortgage interest rates mirrored a fall in the 10-year Treasury bond yield (the interest rate on the bond), as shown in the left panel of Figure 1. In fact—as shown in the right panel of Figure 1—mortgage interest rates almost always mirror the yields on long-term Treasury bonds because they respond to the same forces. What factors drove the sharp declines in yields on 10-year T...

Overview of US mortgage markets - 2005

1.1 Overview of the US mortgage market Owner-occupied housing and the mortgages used to finance it are currently the single largest asset and liability on the household balance sheet. As shown in Graph 1, residential mortgage debt has grown so that households now owe just over $8 trillion. Consumer credit, which includes personal loans, auto loans and credit card balances, now stands at just ov...