What Fuels the Boom Drives the Bust : Regulation and the Mortgage Crisis /

We show that the lightly regulated non-bank mortgage originators contributed disproportionately to the recent boom-bust housing cycle. Using comprehensive data on mortgage originations, which we aggregate at the county level, we first establish that the market share of these independent non-bank len...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Dagher, Jihad
Awduron Eraill: Fu, Ning
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2011.
Cyfres:IMF Working Papers; Working Paper ; No. 2011/215
Mynediad Ar-lein:Full text available on IMF