Search Results

Showing results 1 to 10 of approximately 92.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:Asset-backed financing 

Working Paper
GSEs, mortgage rates, and the long-run effects of mortgage securitization

Our paper compares mortgage securitization undertaken by government-sponsored enterprises (GSEs) with that undertaken by private markets, with an emphasis on how each type of mortgage securitization affects mortgage rates. We build a model illustrating that market structure, government sponsorship, and the characteristics of the mortgages securitized are all important determinants of mortgage rates. We find that GSEs generally--but not always--lower mortgage rates, particularly when the GSEs behave competitively, because the GSEs' implicit government backing allows them to sell securities ...
Finance and Economics Discussion Series , Paper 2001-26

Working Paper
Collateral damage: Sizing and assessing the subprime CDO crisis

This paper conducts an in-depth analysis of structured finance asset-backed securities collateralized debt obligations (SF ABS CDOs), the subset of CDOs that traded on the ABS CDO desks at the major investment banks and were a major contributor to the global financial panic of August 2007. Despite their importance, we have yet to determine the exact size and composition of the SF ABS CDO market or get a good sense of the write-downs these CDOs will generate. In this paper the authors identify these SF ABS CDOs with data from Intex, the source data and valuation software for the universe of ...
Working Papers , Paper 11-30

Journal Article
Issuance of joint guidance on asset securitization activities

Federal Reserve Bulletin , Issue Feb

Journal Article
The asset-backed securities markets, the crisis and TALF

The authors explain the role of asset-backed securities markets in generating credit and liquidity and how this role was disrupted during the financial crisis. They discuss the implementation of the Term Asset-Backed Securities Loan Facility (TALF) and argue that this program helped reestablish the ABS markets and the credit supply. and the reversion to a stable fiscal regime.
Economic Perspectives , Volume 34 , Issue Q IV , Pages 101-115

Report
The impact of capital requirements on the securitization decision

Research Paper , Paper 8820

Journal Article
Securitization, loan sales, and the credit slowdown

Household and business lending has slowed sharply in recent years, but the anemic growth in loans booked at depository institutions, mortgage companies, and finance companies may overstate the decline in credit originated by these institutions. This article reports measures of credit growth that include "off-balance-sheet lending"loans that were originated by intermediaries but are absent from their balance sheets because of direct loan sales or the issuance of asset-backed securities. The authors also compare the relative volume of off-balance-sheet lending by types of intermediaries.
Quarterly Review , Volume 18 , Issue Sum , Pages 27-38

Conference Paper
The costs of traditional and nontraditional banking

Proceedings , Paper 269

Journal Article
Securitization and banking

FRBSF Economic Letter

Conference Paper
The market for home mortgage credit: recent changes and future prospects

Proceedings

Journal Article
Loan sales: another step in the evolution of the short-term credit market

Economic Review , Volume 72 , Issue Nov , Pages 22-31

FILTER BY year

FILTER BY Series

FILTER BY Content Type

Journal Article 41 items

Working Paper 24 items

Conference Paper 14 items

Newsletter 5 items

Speech 5 items

Report 3 items

show more (1)

FILTER BY Author

Passmore, Wayne 7 items

Sparks, Roger 6 items

Agarwal, Sumit 5 items

De Nardi, Mariacristina 3 items

Mester, Loretta J. 3 items

Pavel, Christine A. 3 items

show more (121)

FILTER BY Jel Classification

E58 1 items

G1 1 items

FILTER BY Keywords

Asset-backed financing 92 items

Mortgages 23 items

Financial crises 11 items

Bank loans 10 items

Mortgage-backed securities 10 items

Credit 8 items

show more (87)

PREVIOUS / NEXT