Larry Cordell

Federal Reserve Banks - Federal Reserve Bank of Philadelphia

Ten Independence Mall

Philadelphia, PA 19106-1574

United States

  • Federal Reserve Banks - Federal Reserve Bank of Philadelphia

SCHOLARLY PAPERS

16

DOWNLOADS
Rank 9,741

SSRN RANKINGS

Top 9,741

in Total Papers Downloads

9,344

SSRN CITATIONS
Rank 14,536

SSRN RANKINGS

Top 14,536

in Total Papers Citations

71

CROSSREF CITATIONS

34

Scholarly Papers (16)

Actions:
Email selected abstracts
1.

The Impact of Student Loan Debt on Small Business Formation

Downloads 3,613 ( 6,255)
Citation 6

The Impact of Student Loan Debt on Small Business Formation

Number of pages: 37 Posted: 31 Mar 2014 Last Revised: 21 Jul 2015
Brent W. Ambrose, Larry Cordell and Shuwei Ma
Pennsylvania State University - Department of Insurance & Real Estate, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 3,037 (8,103)

Abstract:

Loading...

Student Loans, Small Business, Debt

The Impact of Student Loan Debt on Small Business Formation

FRB of Philadelphia Working Paper No. 15-26
Number of pages: 32 Posted: 22 Jul 2015
Brent W. Ambrose, Larry Cordell and Shuwei Ma
Pennsylvania State University - Department of Insurance & Real Estate, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 576 (91,964)
Citation 11

Abstract:

Loading...

Student Loans, Small Business Finance, Debt Capacity

2.

CLO Performance

Downloads 2,330 (12,554)
Citation 13

CLO Performance

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper, Journal of Finance, Forthcoming
Number of pages: 64 Posted: 15 Aug 2020 Last Revised: 15 Dec 2021
Larry Cordell, Michael R. Roberts and Michael Schwert
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, The Wharton School - University of Pennsylvania; National Bureau of Economic Research (NBER) and AQR Arbitrage, LLC
Downloads 2,282 (12,765)
Citation 2

Abstract:

Loading...

collateralized loan obligations, leveraged loans, securitization

Clo Performance

NBER Working Paper No. w29410
Number of pages: 62 Posted: 01 Nov 2021 Last Revised: 17 Jul 2023
Larry Cordell, Michael R. Roberts and Michael Schwert
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, The Wharton School - University of Pennsylvania; National Bureau of Economic Research (NBER) and AQR Arbitrage, LLC
Downloads 48 (771,360)
Citation 11

Abstract:

Loading...

3.

Collateral Damage: Sizing and Assessing the Subprime CDO Crisis

FRB of Philadelphia Working Paper No. 11-30
Number of pages: 50 Posted: 09 Aug 2011
Larry Cordell, Yilin Huang and Meredith Williams
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 914 (50,975)
Citation 36

Abstract:

Loading...

4.

Inequality in the Time of Covid-19: Evidence from Mortgage Delinquency and Forbearance

Downloads 583 (91,691)
Citation 13

Inequality in the Time of Covid-19: Evidence from Mortgage Delinquency and Forbearance

FRB of Philadelphia Working Paper No. 21-9
Posted: 03 Jun 2021
Xudong An, Larry Cordell, Liang Geng and Keyoung Lee
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia

Abstract:

Loading...

mortgage forbearance, inequality, COVID-19, loan modifications

Inequality in the Time of COVID-19: Evidence from Mortgage Delinquency and Forbearance

Number of pages: 66 Posted: 22 Feb 2021 Last Revised: 02 Feb 2022
Xudong An, Larry Cordell, Liang Geng and Keyoung Lee
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 583 (90,547)
Citation 13

Abstract:

Loading...

COVID-19, mortgage forbearance, mortgage delinquency, inequality, loan modification

5.

Bank Stress Tests and Consumer Credit Markets: Credit and Real Impacts

Downloads 357 (163,582)
Citation 3

Bank Stress Tests and Consumer Credit Markets: Credit and Real Impacts

Number of pages: 90 Posted: 05 Aug 2020 Last Revised: 22 Jan 2024
Sumit Agarwal, Xudong An, Larry Cordell and Raluca A. Roman
National University of Singapore, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Downloads 189 (307,516)

Abstract:

Loading...

Bank stress tests, household finance, consumer credit supply, spending, debt management, payment behavior, consumer credit performance, credit cards, mortgages

Bank Stress Test Results and Their Impact on Consumer Credit Markets

FRB of Philadelphia Working Paper No. 20-30
Number of pages: 84 Posted: 03 Aug 2020
Sumit Agarwal, Xudong An, Larry Cordell and Raluca A. Roman
National University of Singapore, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Downloads 168 (341,878)
Citation 3

Abstract:

Loading...

bank stress tests, credit supply, cost of credit, credit usage, credit performance, credit cards

6.

The Trust Preferred CDO Market: From Start to (Expected) Finish

FRB of Philadelphia Working Paper No. 11-22
Number of pages: 49 Posted: 27 Jun 2011
Larry Cordell, Michael Hopkins and Yilin Huang
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 303 (194,906)
Citation 5

Abstract:

Loading...

7.

The Cost of Delay

FRB of Philadelphia Working Paper No. 13-15
Number of pages: 29 Posted: 27 Apr 2013
Larry Cordell, Liang Geng, Laurie S. Goodman and Lidan Yang
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, The Urban Institute - Housing Finance Policy Center and Amherst Securities Group LP
Downloads 293 (201,955)
Citation 2

Abstract:

Loading...

Mortgage market, Forclosures, REO liquidation timelines, time-related costs

8.

Mortgage Loss Severities: What Keeps Them so High?

Downloads 203 (288,838)
Citation 5

Mortgage Loss Severities: What Keeps Them so High?

FRB of Philadelphia Working Paper No. 19-19
Number of pages: 49 Posted: 19 Mar 2019 Last Revised: 29 Apr 2020
Xudong An and Larry Cordell
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 159 (358,471)

Abstract:

Loading...

loss-given default (LGD), foreclosure timelines, regulatory changes, Heckman two-stage correction, accelerated failure time model

Mortgage Loss Severities: What Keeps Them so High?

FRB of Philadelphia Working Paper No. 20-37
Number of pages: 50 Posted: 28 Sep 2020
Xudong An and Larry Cordell
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 44 (800,027)

Abstract:

Loading...

loss-given default (LGD), foreclosure timelines, regulatory changes, Heckman two-stage model, accelerated failure time model

9.

A Cost-Benefit Analysis of Judicial Foreclosure Delay and a Preliminary Look at New Mortgage Servicing Rules

FRB of Philadelphia Working Paper No. 15-14
Number of pages: 34 Posted: 24 Mar 2015 Last Revised: 07 Jul 2015
Larry Cordell and Lauren Lambie-Hanson
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 187 (311,040)
Citation 6

Abstract:

Loading...

Mortgage, Foreclosure, Regulation

10.

Understanding and Measuring Risks in Agency Cmos

FRB of Philadelphia Working Paper No. 13-8
Number of pages: 28 Posted: 03 Apr 2013
Nicholas Arcidiacono, Larry Cordell, Andrew Davidson and Alex Levin
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Andrew Davidson and Co., Inc. and Andrew Davidson and Co., Inc.
Downloads 157 (362,260)
Citation 2

Abstract:

Loading...

Mortgage finance, Collateralized mortgage obligation

11.

Asymmetric Information and the Death of ABS CDOs

FRB International Finance Discussion Paper No. 1075
Number of pages: 36 Posted: 06 Apr 2013
Daniel O. Beltran, Larry Cordell and Charles P. Thomas
Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Thomas & Son Analytics
Downloads 154 (368,087)
Citation 4

Abstract:

Loading...

CDO, securitization, asymmetric, lemons

12.

CMBS Market Evolution and Emerging Risks

FRB of Philadelphia Working Paper No. 23-27
Number of pages: 71 Posted: 21 Nov 2023
Xudong An, Larry Cordell and Nicholas Smith
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 144 (388,716)

Abstract:

Loading...

Commercial Mortgage-Backed Securities (CMBS), Single-Asset, Single-Borrower (SASB), Conduit, Bond Return, Deal

13.

Regime Shift and the Post-Crisis World of Mortgage Loss Severities

FRB of Philadelphia Working Paper No. 17-8
Number of pages: 46 Posted: 10 Apr 2017 Last Revised: 20 Jun 2017
Xudong An and Larry Cordell
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 106 (490,467)

Abstract:

Loading...

mortgages, housing markets, government intervention

14.

The Incentives of Mortgage Servicers: Myths and Realities

FEDS Working Paper No. 2008-46
Posted: 02 Jul 2021 Last Revised: 01 Jul 2021
Larry Cordell, Karen E. Dynan, Andreas Lehnert, Nellie Liang and Eileen Mauskopf
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, affiliation not provided to SSRN, Board of Governors of the Federal Reserve System, Brookings Institution and Board of Governors of the Federal Reserve System

Abstract:

Loading...

15.

Designing Loan Modifications to Address the Mortgage Crisis and the Making Home Affordable Program

FEDS Working Paper No. 2009-43
Posted: 02 Jul 2021 Last Revised: 01 Jul 2021
Larry Cordell, Karen E. Dynan, Andreas Lehnert, Nellie Liang and Eileen Mauskopf
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, affiliation not provided to SSRN, Board of Governors of the Federal Reserve System, Brookings Institution and Board of Governors of the Federal Reserve System

Abstract:

Loading...

16.

The Role of ABS CDOs in the Financial Crisis

Cordell, Larry; Feldberg, Greg; Sass, Danielle. Journal of Structured Finance; New York Vol. 25, Iss. 2, (Summer 2019): 10-27
Posted: 30 Aug 2019
Greg Feldberg, Larry Cordell and Danielle Sass
Yale University - Yale Program on Financial Stability, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Department of Statistics

Abstract:

Loading...

asset-backed securities (ABS), credit risk management, financial crises and financial market history