Search Results

(refine search)

SORT BY: PREVIOUS / NEXT

All:
Title:
Author:
Abstract:
Keywords:

+ Add Search Parameter

Speech
Testimony on housing finance reform: essential elements of a government guarantee for mortgage-backed securities
Tracy, Joseph (2013)
Testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs, Washington, D.C.
Speech , Paper 122

Journal Article
The securitization of housing finance
Sellon, Gordon H.; VanNahmen, Deana (1988-07)
Since 1970, housing finance has undergone a radical transformation due to the securitization of mortgage loans. As the market for mortgage securities continues to grow and develop, this transformation raises a number of important public policy issues.
Economic Review , Volume 73 , Issue Jul , Pages 3-20

Working Paper
Mortgage contracts and housing tenure decisions
Chambers, Matthew; Garriga, Carlos; Schlagenhauf, Don E. (2007)
In this paper, we analyze various mortgage contracts and their implications for housing tenure and investment decisions using a model with heterogeneous consumers and liquidity constraints. We find that different types of mortgage contracts influence these decisions through three dimensions: the downpayment constraint, the payment schedule, and the amortization schedule. Contracts with lower downpayment requirements allow younger and lower income households to enter the housing market earlier. Mortgage contracts with increasing payment schedules increase the participation of first-time ...
Working Papers , Paper 2007-040

Journal Article
Commentary
Goodman, Jack (2003-06)
This paper was presented at the conference "Policies to Promote Affordable Housing," cosponsored by the Federal Reserve Bank of New York and New York University's Furman Center for Real Estate and Urban Policy, February 7, 2002. It was part of Session 2: Affordable Housing and the Housing Market, and is a commentary on "Government regulation and changes in the affordable housing stock" by C. Tsuriel Somerville and Christopher J. Mayer.
Economic Policy Review , Issue Jun , Pages 63-67

Journal Article
The evolving role of the Federal Home Loan Banks in mortgage markets
Maloney, Daniel K.; Thomson, James B. (2003-06)
The Federal Home Loan Banks are part of a system created by the federal government to promote home ownership. This Commentary looks at new initiatives undertaken by these government-sponsored enterprises to expand their role in financial markets-and the attendant implications for their balance sheets.
Economic Commentary , Issue Jun

Journal Article
Does the United States still overinvest in housing?
Taylor, Lori L. (1998-04)
Savvy investors allocate their resources across different types of investments to maximize their returns; savvy societies do likewise. Just as with the private sector, society maximizes the return on its investments when risk-adjusted social rates of return equalize across all types of investments. Unfortunately, whereas market arbitrage ensures that risk-adjusted private rates of return equalize, no similar mechanism exists to guarantee that risk-adjusted social rates of return are also equalized. Thus, society may invest relatively too much in some types of capital and relatively too little ...
Economic and Financial Policy Review , Issue Q II , Pages 10-18

Journal Article
Home sales, prices and loan delinquencies are up
Grunewald, Rob (2002-11)
Fedgazette , Volume 14 , Issue Nov , Pages 18

Speech
The national and regional economic outlook
Dudley, William (2011)
Remarks before the Bronx Chamber of Commerce at the New York Botanical Garden, Bronx, New York.
Speech , Paper 68

Working Paper
Equilibrium mortgage choice and housing tenure decisions with refinancing
Chambers, Matthew; Garriga, Carlos; Schlagenhauf, Don E. (2007)
The last decade has brought about substantial mortgage innovation and increased refinancing. The objective of the paper is to understand the determinants and implications of mortgage choice in the context of general equilibrium model with incomplete markets. The equilibrium characterization allows us to study the impact of mortgage financing = decisions in the productive economy. We show the influence of different contract characteristics such as the downpayment requirement, repayment structure, and the amortization schedule for mortgage choice. We find that loan products that allow for low ...
Working Papers , Paper 2007-049

Speech
Stabilizing the housing market: next steps: a speech at the Global Association of Risk Professionals’ Risk Management Convention, New York, New York, February 11, 2009
Duke, Elizabeth A. (2009)
Speech , Paper 444

show more (1)

PREVIOUS / NEXT

Fed in Print

Search Results

FILTER BY year

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

FILTER BY Keywords