The effect of large investors on asset quality: Evidence from subprime mortgage securities
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DOI: 10.1016/j.jmoneco.2017.03.003
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- Manuel Adelino & W. Scott Frame & Kristopher Gerardi, 2014. "The Effect of Large Investors on Asset Quality: Evidence from Subprime Mortgage Securities," FRB Atlanta Working Paper 2014-4, Federal Reserve Bank of Atlanta.
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Citations
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Cited by:
- Huh, Yesol & Kim, You Suk, 2023. "Cheapest-to-deliver pricing, optimal MBS securitization, and welfare implications," Journal of Financial Economics, Elsevier, vol. 150(1), pages 68-93.
- Brent W. Ambrose & Moussa Diop & Walter D’Lima & Mark Thibodeau, 2019. "Risk and Performance of Mutual Funds’ Securitized Mortgage Investments," The Journal of Real Estate Finance and Economics, Springer, vol. 59(4), pages 515-548, November.
- Babus, Ana & Hachem, Kinda, 2023.
"Markets for financial innovation,"
Journal of Economic Theory, Elsevier, vol. 208(C).
- Ana Babus & Kinda Hachem, 2018. "Markets for Financial Innovation," 2018 Meeting Papers 355, Society for Economic Dynamics.
- Ana Babus & Kinda Cheryl Hachem, 2019. "Markets for Financial Innovation," NBER Working Papers 25477, National Bureau of Economic Research, Inc.
- Babus, Ana & Hachem, Kinda, 2019. "Markets for Financial Innovation," CEPR Discussion Papers 13457, C.E.P.R. Discussion Papers.
- Stephen D. Oliner & Morris A. Davis & Will Larson, 2019.
"Mortgage risk since 1990,"
AEI Economics Working Papers
1001502, American Enterprise Institute.
- Morris A. Davis & William D. Larson & Stephen D. Oliner & Benjamin Smith, 2019. "Mortgage Risk Since 1990," FHFA Staff Working Papers 19-02, Federal Housing Finance Agency.
- Deeksha Gupta, 2018. "Too Much Skin-in-the-Game? The Effect of Mortgage Market Concentration on Credit and House Prices," 2018 Meeting Papers 512, Society for Economic Dynamics.
- Yesol Huh & You Suk Kim, 2021. "Cheapest-to-Deliver Pricing, Optimal MBS Securitization, and Market Quality," Finance and Economics Discussion Series 2021-031, Board of Governors of the Federal Reserve System (U.S.).
- Mayock, Tom & Shi, Lan, 2022. "Adverse selection in the market for mortgage servicing rights," Journal of Housing Economics, Elsevier, vol. 58(PB).
- Manuel Adelino & Kristopher Gerardi & Barney Hartman-Glaser, 2016.
"Are Lemons Sold First? Dynamic Signaling in the Mortgage Market,"
FRB Atlanta Working Paper
2016-8, Federal Reserve Bank of Atlanta.
- Manuel Adelino & Kristopher Gerardi & Barney Hartman-Glaser, 2018. "Are Lemons Sold First? Dynamic Signaling in the Mortgage Market," NBER Working Papers 24180, National Bureau of Economic Research, Inc.
- Olsen, Edgar O. & Zabel, Jeffrey E., 2015. "US Housing Policy," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 887-986, Elsevier.
- Andra C. Ghent & Rubén Hernández-Murillo & Michael T. Owyang, 2015.
"Did Affordable Housing Legislation Contribute to the Subprime Securities Boom?,"
Real Estate Economics, American Real Estate and Urban Economics Association, vol. 43(4), pages 820-854, November.
- Andra C. Ghent & Ruben Hernandez-Murillo & Michael T. Owyang, 2012. "Did affordable housing legislation contribute to the subprime securities boom?," Working Papers 2012-005, Federal Reserve Bank of St. Louis.
- W. Scott Frame, 2018.
"Agency Conflicts In Residential Mortgage Securitization: What Does The Empirical Literature Tell Us?,"
Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 41(2), pages 237-251, June.
- W. Scott Frame, 2017. "Agency Conflicts in Residential Mortgage Securitization: What Does the Empirical Literature Tell Us?," FRB Atlanta Working Paper 2017-1, Federal Reserve Bank of Atlanta.
- Morris A Davis & William D Larson & Stephen D Oliner & Benjamin R Smith, 2023. "A Quarter Century of Mortgage Risk," Review of Finance, European Finance Association, vol. 27(2), pages 581-618.
- Adelino, Manuel & Gerardi, Kristopher & Hartman-Glaser, Barney, 2019. "Are lemons sold first? Dynamic signaling in the mortgage market," Journal of Financial Economics, Elsevier, vol. 132(1), pages 1-25.
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More about this item
Keywords
Blockholder; Mortgage default; Private information; Government sponsored enterprise;All these keywords.
JEL classification:
- G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
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