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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Dagher, Jihad
अन्य लेखक: Fu, Ning
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2011.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2011/215
ऑनलाइन पहुंच:Full text available on IMF