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...
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| Formato: | Revista |
| Lenguaje: | English |
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Washington, D.C. :
International Monetary Fund,
2011.
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| Colección: | IMF Working Papers; Working Paper ;
No. 2011/215 |
| Acceso en línea: | Full text available on IMF |