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Auswahl der wissenschaftlichen Literatur zum Thema „MORTGAGE CREDIT LENDING“
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Zeitschriftenartikel zum Thema "MORTGAGE CREDIT LENDING"
1
Waliszewski, Krzysztof. „Requirements for Intermediaries and Advisors in the Area of Mortgages Resulting from Mortgage Credit Directive– Implications for Poland“. e-Finanse 11, Nr. 2 (01.06.2015): 18–31. http://dx.doi.org/10.1515/fiqf-2016-0112.
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Abstract The dynamic development of the mortgage market, especially in the period before the current financial crisis, revealed that within the EU there are local mortgage credit markets and that it is necessary to harmonize the rules of the system and consumer protection within the Community. The intention of the creators of the Mortgage Credit Directive was to organize the mortgage lending market for residential purposes and make it transparent, as well as increase the safety of the consumer credit market, along the lines of what took place earlier in the consumer credit market regulations (The Consumer Credit Directives no. 2008/48/EC and earlier no. 87/102/EEC). The Mortgage Credit Directive implies for lenders - credit institutions to act at every stage of the lending process with respect to the consumer’s interest and to provide them with adequate services for their needs. Due to the large role of indirect distribution channels of mortgages by banks there are certain requirements for intermediaries, brokers and credit advisors. The implementation term of the Directive, appointed for March 2016, implies action to be taken in order to implement the provisions of this Directive into Polish law. The legislative process is being conducted by the Ministry of Finance and supported by the Group on implementation of the Mortgage Credit Directive operating with the Council of Financial Market Development.
2
Starykh , S. A., S. A. Lavoshnikova und A. D. Chesnokova. „MORTGAGE LENDING MARKET IN THE RUSSIAN FEDERATION: CURRENT STATE, PROBLEMS AND PROSPECTS“. Region: systems, economy, management 2, Nr. 53 (2021): 72–78. http://dx.doi.org/10.22394/1997-4469-2021-53-2-72-78.
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Subject. The market of mortgage housing lending in the Russian Federation. Topic. The impact of the coronavirus pandemic on the mortgage lending market. Purpose. Analyze the housing mortgage lending market in the Russian Federation and identify the reasons for its explosive growth in the 3rd and 4th quarters of 2020. Methodology. Methods of comparative analysis of the housing mortgage lending market in the Russian Federation. Results. The possibility of the formation of a financial bubble in the real estate market in Russia is studied, and the probable prospects for the development of the mortgage market are evaluated Application area. The mortgage lending market, including the behavior of borrowers (buyers in the housing market) and the activities of credit institutions. Conclusions. The article analyzes the housing mortgage lending market in the Russian Federation and identifies the reasons for its explosive growth in the 3rd and 4th quarters of 2020. The article examines the impact of the coronavirus pandemic on the mortgage lending market, including the behavior of borrowers (buyers in the housing market) and the activities of credit institutions. The possibility of the formation of a financial bubble in the real estate market in Russia is studied, and the probable prospects for the development of the mortgage market are evaluated. Keywords: mortgage lending, deferred demand, financial bubble, coronavirus pandemic, mortgage lending rate, key rate, average credit rating of the borrower, overdue debt, bankruptcy, reserves for possible losses.
3
Josipović, Tatjana. „Consumer Protection in EU Residential Mortgage Markets: Common EU Rules on Mortgage Credit in the Mortgage Credit Directive“. Cambridge Yearbook of European Legal Studies 16 (2014): 223–53. http://dx.doi.org/10.1017/s1528887000002603.
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AbstractFor many years now, there has been an attempt in the European Union to create a common legal framework for mortgage credit contracts and cross-border activities in the mortgage financial sector. One of the greatest challenges has been the establishment of a corresponding level of consumer protection in EU residential mortgage markets. This issue has become particularly important at the time of financial crisis. Consumers are increasingly exposed to the risk of losing their homes because of failing to fulfil, in due time, their obligations arising from mortgage loans, and thus losing confidence in the EU financial sector. Therefore, the European Union has intensified its efforts to improve consumers’ ability to inform themselves of the potential risks when entering into mortgage loans and mortgaging their real property. On 4 February 2014 the EU adopted the new rules on mortgage credits in the Mortgage Credit Directive. The main objective of the Directive is to increase the protection of consumers in EU mortgage markets from the risks of defaults and foreclosures. A higher level of protection must be ensured by consumers’ increased information capacity related to mortgage credits, as well as by developing a responsible mortgage lending practice across the EU. The Mortgage Credit Directive is also aimed at contributing to the gradual establishment of a single internal market for mortgage credits. In this chapter, the author analyses previous and current attempts by the EU to establish a uniform market of mortgage loans, and assesses the possible impact of the Mortgage Credit Directive on the protection of consumers in the market of mortgage credits and on the development of cross-border activities in the mortgage financial sector. Special emphasis is placed on the possible impact of the new EU rules on mortgages on national protection measures aimed at consumer protection at the time of financial crisis. The transposition of the Mortgage Credit Directive will undoubtedly contribute to a higher level of consumer protection when consumers enter into home loan contracts. However, the question arises whether, because of different levels of harmonisation of some rules laid down in the Directive, its implementation will actually contribute to an increase in cross-border home loans. The possibility for Member States to opt for increased consumer protection in some aspects of credit agreements when implementing the Directive, or the existence of different options for the exercise of individual rights that they may use cannot bring about an integration of mortgage credit markets.
4
HUI, Eddie C. M., und Ivan M. H. NG. „ACCESS TO MORTGAGE CREDIT AND HOUSING PRICE DYNAMICS“. International Journal of Strategic Property Management 20, Nr. 1 (14.04.2016): 64–76. http://dx.doi.org/10.3846/1648715x.2015.1103802.
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In real estate studies, arguably the most important topic revolves around what actually affect the price of properties. In addition to various macroeconomic factors, the mortgage industry is also believed to play a major role. Nonetheless, despite its profound implications on the banking sector, the property market, and the economy as a whole, there is no consensus as to the relationship between property price and bank mortgage lending. In light of this, this paper aims to investigate the relationship between property price and mortgage lending, along with other macroeconomic variables, in two housing sub-markets of Hong Kong (i.e. the mass housing market and the luxury housing market). The findings illustrate that one-way directional relationships are discovered 1) from mass housing price to mortgage lending; 2) from luxury housing price to mortgage lending; and 3) from mass housing price to luxury housing price. Macroeconomic factors such as GDP, inflation rate, and interest rate are also found to play a major role in influencing the prices of both property markets and the amount of outstanding mortgage loans. Implications based upon these findings are also discussed.
5
Theunissen, Anton. „Securitization, loan modification and the supply of subprime mortgage credit in the US“. Risk Governance and Control: Financial Markets and Institutions 3, Nr. 3 (2013): 149–62. http://dx.doi.org/10.22495/rgcv3i3c1art6.
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This paper develops a continuous time, contingent claims model of mortgage valuation with strategic behavior to show that mortgages that are securitized are characterized by significantly higher loan to value ratios than mortgages held on the balance sheet of the originator, if securitized mortgages cannot be renegotiated. Insofar as securitization inhibits loan modification, it serves as a credible threat to the borrower that default will provoke foreclosure. This enhances the value of the lender’s claim on the loan collateral, the home, and she is willing to lend more per dollar of collateral value. An important implication of the analysis is that the higher loan to value ratio for the securitized mortgage does not imply that the securitized mortgage is characterized by looser underwriting standards than the mortgage held on balance sheet. Higher loan to value ratios for securitized mortgages do not necessarily constitute evidence that securitization encourages risky lending.
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Volkova, Nelia, und Kateryna Khamula. „Mortgage Loan: Assessment of the Current Situation and Impact on the Solution of Housing Problems“. ЕКОНОМІКА І РЕГІОН Науковий вісник, Nr. 3(78) (15.12.2020): 78–85. http://dx.doi.org/10.26906/eir.2020.3(78).2000.
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The development of the mortgage market solves both the economic problems of activation and efficient use of financial resources, and social problems in attracting social groups to meet their needs through the mechanism of the financial market. This determines the pattern of development of ways to ensure and develop these processes in Ukraine, their theoretical justification, taking into account the peculiarities of the national economy and current global trends in the development of housing mortgage lending. The purpose of the work is to develop theoretical principles, guidelines and practical recommendations for improving the mortgage lending system in Ukraine. To achieve this goal, the following tasks were set: to summarize the theoretical provisions on the essence of mortgage lending; to analyze the current state of mortgage lending in Ukraine; identify conceptual approaches to enhancing the importance of mortgage credit in solving housing problems. The object of study is the process of assessing mortgage lending. The subject of the research is theoretical-methodical and practical aspects of mortgage lending in Ukraine and its impact on solving housing problems of the population. The paper summarizes the theoretical provisions on the essence of mortgage lending as an effective means of transforming capital tied to real estate; thanks to the analysis of the current state of mortgage lending in Ukraine it is proved that it is one of the most mobile segments of the financial market and today real estate lending has intensified and started to grow, but significant mortgage lending as before the crisis, unfortunately, has not yet been achieved; conceptual approaches to strengthening the importance of mortgage credit in solving housing problems, which are to improve the mortgage lending system in Ukraine. The information base of the study consisted of official materials of the National Bank of Ukraine, performance indicators of JSC "State Savings Bank of Ukraine", JSC CB "Globus", PJSC JSCB "Arcade", JSB "Ukrgasbank", materials of scientific conferences, Internet sources. The scientific novelty of this work is to substantiate the theoretical, legal provisions and provide practical recommendations for improving the mortgage lending system in Ukraine.
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Чуканов, Андрей, und Andrey Chukanov. „Justification of Tools for Estimating Regional Mortgage Lending“. Scientific Research and Development. Economics 7, Nr. 3 (03.07.2019): 57–61. http://dx.doi.org/10.12737/article_5cfdfe1b73ade0.35723914.
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In this article, for the growth of mortgage lending in Russia, a complex coefficient for the development level of mortgage lending was created — the Regional housing affordability ratio. The article considers the regulatory framework of the domestic mortgage, to identify marks-indicators of the mortgage state for targeted programs. The key indicator was identified — the housing affordability ratio used in the Mortgage Development Strategy until 2020, and the absence of a similar indicator in the new priority project Mortgage and Rental Housing was noted. The author studies the advantages and non-delivery of housing affordability factor with the account of the modern scientific base. Based on the adjusted housing affordability coefficient proposed by A. Kulikov and V. Yaninin, a regional housing affordability index was developed together with a methodology for calculating it based on the available statistical data. The possibilities of purchasing housing on credit by the population in different regions were determined, and the possibility of using the coefficient for grouping regions using cluster analysis to identify the uneven development of mortgages in Russia was presented. The proposed coefficient can be used as a mortgage status indicator in the regions, used to create differentiated econometric models of mortgage lending and the development of a mortgage policy that takes into account the peculiarities of Russian regions.
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Ushanov, Aleksandr Evgenievich. „Commercial mortgage lending: standardization issues“. Vestnik of Astrakhan State Technical University. Series: Economics 2020, Nr. 2 (30.06.2020): 100–106. http://dx.doi.org/10.24143/2073-5537-2020-2-100-106.
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The article states that a loan secured by commercial property (commercial mortgages), as one of the most popular types of corporate loans has a number of advantages compared to other types of borrowing: the borrower is able to quickly get the necessary amount of money for any need - business expansion, working capital, ability to Finance large deals, and the disposal
of banks remains liquid assets, quick sale which will cover damages in case of default by the cus-tomer of the terms of the loan. It is confirmed that the product is characterized by specific risks,
often resulting in refusal of credit or their manifestations in the course of servicing the debt: unac-ceptable for the lender level of capitalization and liquidity of the collateral, the degree of occupan-cy of commercial real estate and the level of indexing of interest rates on leases; rental impropriety of the object for commercial use; encumbrances accept collateral in other liabilities etc. It is noted that one of the ways to improve the process of commercial mortgage lending in order to reduce transaction risks is its standardization. In the Russian Federation, the Association of Russian Banks is developing banking standards, which to date has approved more than fifteen standards (most
of them are banking business process quality standards and methodological documents). It is pro-posed to develop a Standard for the lending process secured by commercial real estate; a matrix
of requirements for the components of this process is provided, reflecting the best practices of leading Russian banks working in the field of commercial mortgages. In using the Standard, stakeholders are both credit institutions and borrowers.
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TADTAEVA, V. V., B. E. BAGAEV und A. A. DATIEVA. „ANALYSIS OF THE PECULIARITIES OF THE DEVELOPMENT OF MORTGAGE HOUSING LENDING IN THE RUSSIAN FEDERATION AND DEVELOPED FOREIGN COUNTRIES“. EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 2, Nr. 5 (2021): 32–37. http://dx.doi.org/10.36871/ek.up.p.r.2021.05.02.006.
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Mortgage lending is one of the key levers in the financial mechanism of the country, contributing to the formation of a stable socio-economic situation of the population. There are many factors that hinder the formation of an effective mortgage lending system. In this case, we should not neglect the practical experience of developed foreign countries, whose credit activities are a powerful element of the financial and credit system.
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Nield, Sarah. „Responsible lending and borrowing: whereto low-cost home ownership?“ Legal Studies 30, Nr. 4 (Dezember 2010): 610–32. http://dx.doi.org/10.1111/j.1748-121x.2010.00165.x.
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The recent experience of the credit crunch has cast doubt on the prudence of regulation of the mortgage market based upon the concepts of responsible lending and borrowing. Both the Turner Review and the Financial Services Authority's follow-up Mortgage Market Review identified irresponsible lending as one of the principle causes of the credit crunch. Yet easy access to mortgage finance has underpinned the growth of owner occupation and the promotion of low-cost home ownership. This paper examines recent regulatory initiatives to articulate responsible lending and borrowing in more concrete terms, which suggests a shift towards greater lender responsibility through affordability checks, clearer product explanation and the possibility of product regulation. Whilst such proposals may assist in the pursuit of a more stable mortgage market, they cast serious doubt on the future sustainability of low-cost home ownership.
Dissertationen zum Thema "MORTGAGE CREDIT LENDING"
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Stevens, Rebecca. „Mortgage lending by limited-income credit unions : community development or not?“ Thesis, Massachusetts Institute of Technology, 1987. http://hdl.handle.net/1721.1/14965.
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Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 1987.Title as it appeared in the Massachusetts Institute of Technology Graduate List, June 1987: Mortgage lending by credit unions in low-income neighborhoods: patterns and implications.
Bibliography: leaves 39-40.
by Rebecca Stevens.
M.C.P.
2
Mulaudzi, Mmboniseni Phanuel. „The subprime mortgage crisis : asset securitization and interbank lending / M.P. Mulaudzi“. Thesis, North-West University, 2009. http://hdl.handle.net/10394/5097.
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Subprime residential mortgage loan securitization and its associated risks have been a major topic of discussion since the onset of the subprime mortgage crisis (SMC) in 2007. In this regard, the thesis addresses the issues of subprime residential mortgage loan (RML) securitization in discrete-, continuous-and discontinuous-time and their connections with the SMC. In this regard, the main issues to be addressed are discussed in Chapters 2, 3 and 4.
In Chapter 2, we investigate the risk allocation choices of an investing bank (IB) that has to decide between risky securitized subprime RMLs and riskless Treasuries. This issue is discussed in a discrete-time framework with IB being considered to be regret- and risk-averse before and during the SMC, respectively. We conclude that if IB takes regret into account it will be exposed to higher risk when the difference between the expected returns on securitized subprime RMLs and Treasuries is small. However, there is low risk exposure when this difference is high. Furthermore, we assess how regret can influence IB's view - as a swap protection buyer - of the rate of return on credit default swaps (CDSs), as measured by the premium based on default swap spreads. We find that before the SMC, regret increases IB's willingness to pay lower premiums for CDSs when its securitized RML portfolio is considered to be safe. On the other hand, both risk- and regret-averse IBs pay the same CDS premium when their securitized RML portfolio is considered to be risky.
Chapter 3 solves a stochastic optimal credit default insurance problem in continuous-time that has the cash outflow rate for satisfying depositor obligations, the investment in securitized loans and credit default insurance as controls. As far as the latter is concerned, we compute the credit default swap premium and accrued premium by considering the credit rating of the securitized mortgage loans.
In Chapter 4, we consider a problem of IB investment in subprime residential mortgage-backed securities (RMBSs) and Treasuries in discontinuous-time. In order to accomplish this, we develop a Levy process-based model of jump diffusion-type for IB's investment in subprime RMBSs and Treasuries. This model incorporates subprime RMBS losses which can be associated with credit risk. Furthermore, we use variance to measure such risk, and assume that the risk is bounded by a certain constraint. We are now able to set-up a mean-variance optimization problem for IB's investment which determines the optimal proportion of funds that needs to be invested in subprime RMBSs and Treasuries subject to credit risk measured by the variance of IE's investment. In the sequel, we also consider a mean swaps-at-risk (SaR) optimization problem for IB's investment which determines the optimal portfolio which consists of subprime RMBSs and Treasuries subject to the protection by CDSs required against the possible losses. In this regard, we define SaR as indicative to IB on how much protection from swap protection seller it must have in order to cover the losses that might occur from credit events. Moreover, SaR is expressed in terms of Value-at-Risk (VaR).
Finally, Chapter 5 provides an analysis of discrete-, continuous- and discontinuous-time models for subprime RML securitization discussed in the aforementioned chapters and their connections with the SMC.
The work presented in this thesis is based on 7 peer-reviewed international journal articles (see [25], [44], [45], [46], [47], [48] and [55]), 4 peer-reviewed chapters in books (see [42], [50j, [51J and [52]) and 2 peer-reviewed conference proceedings papers (see [11] and [12]). Moreover, the article [49] is currently being prepared for submission to an lSI accredited journal.Thesis (Ph.D. (Applied Mathematics))--North-West University, Potchefstroom Campus, 2010.
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Witten, Tim. „Pre-contractual assessments in mortgage loans: Promoting responsible lending or exacerbating financial exclusion? - A comparative study of the South African National Credit Act and the European Mortgage Credit Directive“. Master's thesis, University of Cape Town, 2018. http://hdl.handle.net/11427/29718.
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In recent years, pre-contractual assessments in consumer credit agreements, including affordability assessments, have made their way up the priority ladder for legislators. International institutions such as the World Bank promote pre-contractual (affordability) assessments as a key regulatory tool in the prevention of “reckless” or “predatory” lending and the promotion of a responsible credit regime. In particular, so it is argued, a responsible lending regime and the protection of consumers is crucial in the mortgage credit market, where overindebtedness can have severe consequences for consumers, namely eviction and the loss of their home, and for the stability of the financial system as a whole. The South African and the European legislator have kept up with the trend of implementing pre-contractual assessments as part of the responsible (mortgage) credit regime with the enactment of the South African National Credit Act and the European Mortgage Credit Directive. The study will duly compare the National Credit Act and the Mortgage Credit Directive in general and the provisions pertaining to pre-contractual assessments in mortgage loans in particular. It seeks to identify potential shortcomings of the statutory provisions in the context of the different historical, economic and social backgrounds of South African and the European Union. Lastly, the study will look at certain concerns that have been raised in relation to precontractual assessments, notably the concern that pre-contractual assessments lead to restrictive lending practices which exacerbate financial exclusion. The study comes to the conclusion that pre-contractual assessments in South Africa and the European Union are an effective tool in preventing over-indebtedness and thus contribute in achieving a responsible credit regime. However, they will not be able to facilitate access to credit at the same time. While access to credit might not be at the centre of importance in the European Union, the situation is different in the South African jurisdiction. In the light of the developments in the mortgage credit market, the constitutional right of access to housing, and the explicit objective of the National Credit Act to facilitate access to credit, it is of significant importance to improve the access to mortgage credit, especially for the low-income and historically disadvantages population in South Africa. In this context, the South African jurisdiction needs an approach that is different from the legal framework in the European Union. Further governmental and/or legislative action will therefore be required in order to facilitate access to mortgage credits in South Africa.
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Tvrdík, Lukáš. „Vývoj hypotéčního trhu ČR a jeho změny v důsledku finanční krize“. Master's thesis, Vysoká škola ekonomická v Praze, 2012. http://www.nusl.cz/ntk/nusl-124874.
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The thesis is focused on mortgage lending market in Czech republic. The main objective is to analyze the complete development of the market and evaluate the impact of financial crisis. Thesis also discloses the main factors, that can cause an impact on mortgage credits demand and points out the significance of the mortage lending in the economy.
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Леонов, А. О., und A. O. Leonov. „Ипотечное кредитование в условиях социально-экономических трансформаций : магистерская диссертация“. Master's thesis, б. и, 2021. http://hdl.handle.net/10995/99956.
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Магистерская диссертация посвящена вопросам развития рынка ипотечного кредитования. Целью исследования является разработка и оценка эффективности ипотечного продукта для банка, позволяющего снизить процентные риски, не создавая дополнительных кредитных рисков. Также в работе исследуются факторы спроса и предложения на рынке жилой недвижимости; ключевые драйверы развития банковского кредитования в сегменте ипотеки. В качестве научной новизны предложен методический инструментарий для анализа ипотечной деятельности банков и проведена оценка экономической целесообразности внедрения плавающей ставки по ипотечным кредитам.The master's thesis is devoted to the development of the mortgage lending market. The purpose of the study is to develop and evaluate the effectiveness of a mortgage product for a bank that allows reducing interest rate risks without creating additional credit risks. The paper also examines the factors of supply and demand in the residential real estate market; the key drivers of the development of bank lending in the mortgage segment. As a scientific novelty, the methodological instruments for analyzing the mortgage activity of banks are proposed and the economic feasibility of introducing a floating rate on mortgage loans is evaluated.
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Boonzaaier, Catherine. „The impact of the National Credit Act on residential mortgage lending in South Africa“. Diss., 2016. http://hdl.handle.net/10500/22202.
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The National Credit Act (NCA) was promulgated and implemented on 1 June 2007. The purpose of this research study was to outline the residential mort-gage market in South Africa in the context of the NCA and to determine how residential mortgage lending under the new NCA was regulated. The purpose of the NCA was to remove the many unfair practices, inappropriate disclosure and anti-competitive practices from the market and to achieve honesty in the credit market. Low-income groups were held back because they could not gain access to formal finance to build or improve houses or supplement housing subsidies to get bigger houses. This study applied the quantitative research design using time series secondary data. Registered data on monthly residential mortgages was obtained from Lightstone Property for the period January 2001 to August 2011. Secondary data was collected from the BA900 of the SARB to see how many loans were approved and rejected between 2008 and 2014. The statistical analysis techniques used in this study were t-tests, descriptive statistics, trend analysis and correlation analysis. It was found that the NCA had a positive effect on the residential mortgages in SA.Business Management
M. Com. (Business Management)
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Haupert, Tyler. „Racial and Spatial Disparities in Fintech Mortgage Lending in the United States“. Thesis, 2021. https://doi.org/10.7916/d8-p33e-vq65.
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Despite being governed by several laws aimed at preventing racial inequality in access to housing and credit resources, the mortgage lending market remains a contributor to racial and place-based disparities in homeownership rates, wealth, and access to high-quality community resources. Scholarship has identified persistent disparities in mortgage loan approval rates and subprime lending between white borrowers and those from other racial and ethnic groups, and between white neighborhoods and neighborhoods with high levels of non-white residents. Against this backdrop, the mortgage lending industry is undergoing rapid, technology-driven changes in risk assessment and application processing. Traditional borrower risk-assessment methods including face-to-face discussions between lenders and applicants and the prominent use of FICO credit scores have been replaced or supplemented by automated decision-making tools at a new generation of institutions known as fintech lenders.
Little is known about the relationship between lenders using these new tools and the racial and spatial disparities that have long defined the wider mortgage market. Given the well-documented history of discrimination in lending along with findings of technology-driven racial inequality in other economic sectors, fintech lending’s potential for racial discrimination warrants increased scrutiny. This dissertation compares the lending outcomes of traditional and fintech mortgage lenders in the United States depending on applicant and neighborhood racial characteristics. Using data from the Home Mortgage Disclosure Act, an original dataset classifying lenders as fintech or traditional, and an array of complimentary administrative data sources, it provides an assessment of the salience of race and place in the rates at which mortgage loans from each lender type are approved and assigned subprime terms. Results from a series of regression-based quantitative analyses suggest fintech mortgage lenders, like traditional mortgage lenders, approve and deny loans and distribute subprime credit at disparate rates to white borrowers and neighborhoods relative to nonwhite borrowers and neighborhoods. Findings suggest that policymakers and regulators must increase their oversight of fintech lenders, ensuring that further advances in lending technology do not concretize longstanding racial and spatial disparities.
Bücher zum Thema "MORTGAGE CREDIT LENDING"
1
Residential mortgage lending. 3. Aufl. Englewood Cliffs, N.J: Prentice Hall, 1992.
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2
Residential mortgage lending. Reston, Va: Reston Pub. Co., 1985.
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3
Residential mortgage lending. 2. Aufl. Englewood Cliffs, N.J: Prentice Hall, 1989.
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Dennis, Marshall W. Residential mortgage lending. 4. Aufl. Englewood Cliffs, N.J: Prentice Hall, 1995.
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Pannabecker, James H. Mortgage lending operations and administration for credit unions. Austin, Tex: Sheshunoff, 2004.
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Ross, Stephen L. The color of credit: Mortgage discrimination, research methodology, and fair-lending enforcement lending. Cambridge, Mass: MIT Press, 2002.
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Pennington-Cross, Anthony. Credit risk and mortgage lending: Who uses subprime and why? Arlington, VA: Research Institute for Housing America, 2000.
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J, Pinkowish Thomas, Hrsg. Residential mortgage lending: Principles and practices. 5. Aufl. Mason, OH: Thomson/South-Western, 2004.
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9
Ho, Giang. Predatory lending laws and the cost of credit. [St. Louis, Mo.]: Federal Reserve Bank of St. Louis, 2006.
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10
Chamness, Robert P. Real estate lending: Comprehensive compliance manual. 4. Aufl. [Washington, D.C.]: American Bankers Association, 1990.
Den vollen Inhalt der Quelle findenBuchteile zum Thema "MORTGAGE CREDIT LENDING"
1
„A Conceptual Framework for Mortgage Lending“. In The Color of Credit. The MIT Press, 2002. http://dx.doi.org/10.7551/mitpress/1933.003.0004.
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2
„The Mortgage Market and the Definition of Mortgage Lending Discrimination“. In The Color of Credit. The MIT Press, 2002. http://dx.doi.org/10.7551/mitpress/1933.003.0003.
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3
Hoffman, Philip T., Gilles Postel-Vinay und Jean-Laurent Rosenthal. „Banks and Notaries“. In Dark Matter Credit, 176–94. Princeton University Press, 2019. http://dx.doi.org/10.23943/princeton/9780691182179.003.0008.
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This chapter shows that there were two conceivable ways that banks could have engaged in lending. First, they could have entered the mortgage market as lenders but not relied on a notary to do anything except draw up the loan contracts. At the other extreme, banks might not have competed at all with notaries; rather, their short-term commercial loans might have complemented the notaries' business in arranging mortgages. The chapter examines both possibilities, along with more realistic alternatives between the two extremes, including one in which notaries tried to compete with banks. Notaries, however, were not driven out of business by banks. Many notaries were in fact tempted to take money on deposit and start making short-term loans, at least until the 1880s, when the government enforced prohibitions on the practice.
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Hoffman, Philip T., Gilles Postel-Vinay und Jean-Laurent Rosenthal. „1740 and the Rules of the Game“. In Dark Matter Credit, 10–47. Princeton University Press, 2019. http://dx.doi.org/10.23943/princeton/9780691182179.003.0002.
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This chapter looks at the size of the market in 1740 and explores who was involved in it. The stock of notarial debt, even though it excluded nearly all commercial and consumer credit, amounted to sixteen percent of GDP in 1740. Although that may at first glance seem paltry, especially when compared to the level of mortgage debt accumulated in some economies on the eve of the 2008 crisis, it is more than what mortgage markets achieve in many developing economies today. This mountain of private, nongovernmental debt raises some serious questions. The chapter addresses this issue by asking how to reconstruct past lending in a society, particularly for credit markets that have long been shrouded from view.
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Avery, Robert B., Patricia E. Beeson und Mark S. Sniderman. „Accounting for Racial Differences in Housing Credit Markets“. In Mortgage Lending, Racial Discrimination, and Federal Policy, 75–141. Routledge, 2018. http://dx.doi.org/10.4324/9780429448522-3.
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Aveyard, Stuart, Paul Corthorn und Sean O’Connell. „Truth in Lending? Consumer Credit and Social Policy after Crowther“. In The Politics of Consumer Credit in the UK, 1938-1992, 170–95. Oxford University Press, 2018. http://dx.doi.org/10.1093/oso/9780198732235.003.0008.
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Chapter 7 addresses consumer protection issues from the 1970s onwards. It discusses the increasingly complex connections between mortgage and consumer credit, particularly in terms of second mortgages. It discusses the consumer credit protection put in place by the Consumer Credit Act. It explains how important decisions taken at that point increased further the UK’s diverse and liberalized consumer credit markets and enabled the survival (and growth) of forms of sub-prime credit that died elsewhere in Europe. The chapter also addresses issues around credit discrimination on the grounds of race and gender. It probes the reaction of consumer groups to the backlash to consumerism and the liberalization of personal finance markets under the Thatcher regime. The chapter also breaks new ground in exploring the impact of Europe, with an exploration of the hostile response that emerged when the European Parliament’s Consumer Directive threatened to curtail the UK’s consumer credit markets.
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Quinn, Sarah L. „The Problem and Promise of Credit in American Life“. In American Bonds, 1–21. Princeton University Press, 2019. http://dx.doi.org/10.23943/princeton/9780691156750.003.0001.
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This introductory chapter provides a background of America's real estate markets. Already by 1890, nearly half of U.S. households were owner-occupied, and a staggering four-fifths of farming households headed by people over the age of 60 were owner-occupied. Such high levels of homeownership required a massive amount of credit to circulate, and in the right way. This was no easy feat. Mortgages are risky and costly transactions, ones that many banks avoided, either partially or completely, for long periods of time. America's mortgage markets were also endemically unstable and inefficient. American mortgage markets are therefore old, expansive, morally supercharged, and highly consequential. All of this is ideal for a study of the social life of finance. Mortgage markets' long and troubled history also provides a context in which to understand the two cases at the heart of this book: securitization and federal credit. Both evolved as ways to manage the risks and costs associated with lending and, in so doing, improve the flow of credit across the nation.
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Gabriel, Stuart A. „The Role of FHA in the Provision of Credit to Minorities“. In Mortgage Lending, Racial Discrimination, and Federal Policy, 183–250. Routledge, 2018. http://dx.doi.org/10.4324/9780429448522-5.
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Onyiriuba, Leo. „Mortgage Risks, Control, and Property Market in Emerging Economies“. In Emerging Market Bank Lending and Credit Risk Control, 261–73. Elsevier, 2016. http://dx.doi.org/10.1016/b978-0-12-803438-5.00014-3.
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„Credit Losses“. In Depository and Lending Institutions: Banks and Savings Institutions, Credit Unions, Finance Companies, and Mortgage Companies, 273–313. New York, NY: American Institute of Certified Public Accountants, Inc., 2017. http://dx.doi.org/10.1002/9781119473404.ch9.
Der volle Inhalt der QuelleKonferenzberichte zum Thema "MORTGAGE CREDIT LENDING"
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Ata, Sezai. „The Macroeconomic Effects of Credit Regulations“. In International Conference on Eurasian Economies. Eurasian Economists Association, 2018. http://dx.doi.org/10.36880/c10.02075.
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In this study, the effects of macro prudential policies on consumer loans in the recent period are examined on the basis of total loan developments and credit type. The findings of the study show that macro prudential policies are quite effective in slowing down the growth rate of total credit and consumer loans for the ultimate purpose. In addition, the overall provisioning and risk weighting regimes provided banks with a modest level of capital adequacy ratios and prevented banks from growing in risky assets. The results of some loan types indicate that credit utilization, determined by changes in interest rates, can also be limited through macro prudential policies. Regulations for credit are not final and invariable. Credit data should be followed up at regular intervals and adjusted to the most appropriate state by tightening or loosening when necessary. In order to balance the large price increases between regions and to prevent speculative movements in the housing market, it is necessary to determine speculative region criteria specific to Turkey and then apply it to prevent speculative price bubbles. It is important to analyze the effect of rapid growth of residential mortgage lending on housing prices and also on the income distribution in the middle and long term. Considering the recent low or negative rate hikes in credit card expenditures, the effects of the flexibility introduced in installment numbers in September 2016 should be monitored in the upcoming period. Restrictions should be somewhat eased if they are not sufficient.