Anthony B. Sanders

George Mason University - School of Business

Distinguished Professor of Real Estate Finance

Fairfax, VA 22030

United States

SCHOLARLY PAPERS

29

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14,119

SSRN CITATIONS
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SSRN RANKINGS

Top 7,924

in Total Papers Citations

80

CROSSREF CITATIONS

114

Ideas:
“  Asset pricing models for bonds and commercial real estate.  ”

Scholarly Papers (29)

Commercial Mortgage-Backed Securities: Prepayment and Default

Number of pages: 32 Posted: 04 Feb 2002
Brent W. Ambrose and Anthony B. Sanders
Pennsylvania State University and George Mason University - School of Business
Downloads 3,035 (6,915)
Citation 12

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Commercial Mortgage-backed Securities, Competing Risks, Prepayment, Default

Commercial Mortgage-Backed Securities: Prepayment and Default

Posted: 14 Aug 2002
Brent W. Ambrose and Anthony B. Sanders
Pennsylvania State University and George Mason University - School of Business

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commercial mortgage-backed securities, competing risks, prepayment, default

2.

International Real Estate Returns: A Multifactor, Multicountry Approach

Dice Center Working Paper No. 2003-8
Number of pages: 28 Posted: 06 Jun 2003
Shaun A. Bond, George Andrew Karolyi and Anthony B. Sanders
UQ Business School, Cornell University - SC Johnson College of Business and George Mason University - School of Business
Downloads 1,280 (26,911)
Citation 6

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3.

The Long-Run Performance of REIT Ipos

Number of pages: 36 Posted: 12 Nov 2001
Richard J. Buttimer, David C. Hyland and Anthony B. Sanders
University of North Carolina (UNC) at Charlotte - Department of Finance & Business Law, Xavier University and George Mason University - School of Business
Downloads 1,140 (31,986)
Citation 1

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REIT, IPO, Long-Run Performance

4.

Adjusted Forward Rates as Predictors of Future Spot Rates

Dice Center Working Paper Series 96-5
Number of pages: 32 Posted: 11 Nov 1997
Stephen A. Buser, George Andrew Karolyi and Anthony B. Sanders
Ohio State University (OSU) - Department of Finance, Cornell University - SC Johnson College of Business and George Mason University - School of Business
Downloads 1,117 (32,856)
Citation 1

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5.

Does Regulatory Capital Arbitrage or Asymmetric Information Drive Securitization?

Number of pages: 30 Posted: 22 Jun 2004
Brent W. Ambrose, Michael LaCour-Little and Anthony B. Sanders
Pennsylvania State University, California State University - Fullerton - Department of Finance and George Mason University - School of Business
Downloads 887 (45,365)
Citation 47

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Banks, debt, securitization, regulatory capital

6.

The Effect of Conforming Loan Status on Mortgage Yield Spreads: A Loan Level Analysis

Dice Center Working Paper No. 2001-1
Number of pages: 37 Posted: 01 Feb 2002
Brent W. Ambrose, Michael LaCour-Little and Anthony B. Sanders
Pennsylvania State University, California State University - Fullerton - Department of Finance and George Mason University - School of Business
Downloads 866 (46,868)
Citation 21

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Mortgage yield spreads, securitization, government-sponsored enterprise

7.

Ipos and Mutual Fund Returns

Number of pages: 35 Posted: 03 Sep 2001
Richard J. Buttimer, David C. Hyland and Anthony B. Sanders
University of North Carolina (UNC) at Charlotte - Department of Finance & Business Law, Xavier University and George Mason University - School of Business
Downloads 833 (49,495)
Citation 1

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REIT, Asset Pricing, Valuation, Mutual Fund, IPO

8.

The Sub Prime Crisis: Implications for Emerging Markets

World Bank Policy Research Working Paper No. 4726
Number of pages: 46 Posted: 20 Apr 2016
William B. Gwinner and Anthony B. Sanders
World Bank and George Mason University - School of Business
Downloads 762 (55,761)

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Debt Markets, Access to Finance, Bankruptcy and Resolution of Financial Distress, Emerging Markets

9.

CDO Market Implosion and the Pricing of Subprime Mortgage-Backed Securities

Number of pages: 42 Posted: 11 Mar 2009 Last Revised: 07 Sep 2010
Yongheng Deng, Stuart A. Gabriel and Anthony B. Sanders
Wisconsin School of Business, University of Wisconsin-Madison, University of California, Los Angeles - Anderson School of Management and George Mason University - School of Business
Downloads 559 (83,030)
Citation 7

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collateralized debt obligations, subprime crisis, yield spreads on mortgage-backed securities

10.

Commercial Mortgage Terminations: Evidence from CMBS

Number of pages: 22 Posted: 11 Mar 2005
Yongheng Deng, John M. Quigley and Anthony B. Sanders
Wisconsin School of Business, University of Wisconsin-Madison, University of California, Berkeley, College of Letters & Science, Department of Economics (Deceased) and George Mason University - School of Business
Downloads 506 (93,931)
Citation 8

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11.

The Impact of Shareholder Power on Bondholders: Evidence from Mergers and Acquisitions

Number of pages: 60 Posted: 17 Mar 2006
Anil K. Makhija, Angie Low and Anthony B. Sanders
Ohio State University (OSU) - Department of Finance, Nanyang Business School, Nanyang Technological University and George Mason University - School of Business
Downloads 389 (128,277)
Citation 4

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Bondholders, Corporate Governance, Mergers and Acquisitions

12.
Downloads 370 (135,324)

High Ltv Loans and Credit Risk

Number of pages: 39 Posted: 02 Dec 2003
Brent W. Ambrose and Anthony B. Sanders
Pennsylvania State University and George Mason University - School of Business
Downloads 370 (134,278)
Citation 1

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credit risk, high LTV, loan-to-value, mortgage

High LTV Loans and Credit Risk

Posted: 22 Jun 2004
Brent W. Ambrose and Anthony B. Sanders
Pennsylvania State University and George Mason University - School of Business

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Credit risk, high LTV, loan-to-value, mortgage

13.

Shared Appreciation Mortgages: Lessons from the UK

Number of pages: 29 Posted: 16 Aug 2005
Anthony B. Sanders and V. Carlos Slawson Jr.
George Mason University - School of Business and Louisiana State University
Downloads 366 (137,430)

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Shared appreciation, mortgage pricing, options, prepayment penalty, default

Residential House Prices, Commercial Real Estate and Bank Failures

George Mason University School of Business Research Paper No. 18-1
Number of pages: 30 Posted: 18 Apr 2017 Last Revised: 20 Feb 2018
Gerald A. Hanweck and Anthony B. Sanders
George Mason University - Department of Finance and George Mason University - School of Business
Downloads 203 (247,998)

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Financial Crisis, Subprime, Bank Failure, Construction

Residential House Prices, Commercial Real Estate and Bank Failures

Number of pages: 41 Posted: 01 Jul 2017
Gary S. Fissel, Gerald A. Hanweck and Anthony B. Sanders
U.S. Federal Deposit Insurance Corporation (FDIC) - Division of Insurance and Research, George Mason University - Department of Finance and George Mason University - School of Business
Downloads 111 (408,084)
Citation 1

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Banking, Crisis, Lending

What is Subordination About? Credit Risk and Subordination Levels in Commercial Mortgage-Backed Securities (CMBS)

Journal of Real Estate Finance and Economics, Forthcoming
Number of pages: 40 Posted: 19 Nov 2010 Last Revised: 21 Jul 2015
Xudong An, Yongheng Deng, Joseph Nichols and Anthony B. Sanders
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Wisconsin School of Business, University of Wisconsin-Madison, Board of Governors of the Federal Reserve System and George Mason University - School of Business
Downloads 307 (164,365)
Citation 5

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What is Subordination About? Credit Risk and Subordination Levels in Commercial Mortgage-Backed Securities (CMBS)

Journal of Real Estate Finance and Economics, Vol. 51, No. 2, 2015
Posted: 04 Sep 2015
Xudong An, Yongheng Deng, Joseph Nichols and Anthony B. Sanders
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Wisconsin School of Business, University of Wisconsin-Madison, Board of Governors of the Federal Reserve System and George Mason University - School of Business

Abstract:

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Commercial mortgage-backed securities (CMBS); Subordination; Credit risk; Credit rating agency (CRA)

16.

Default Risk of CMBS Loans: What Explains the Regional Variations?

Number of pages: 40 Posted: 06 Sep 2010
Xudong An, Yongheng Deng and Anthony B. Sanders
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Wisconsin School of Business, University of Wisconsin-Madison and George Mason University - School of Business
Downloads 281 (181,463)
Citation 2

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default risk, CMBS loan, regional variation, hazard model, martingale residual

17.

Risk and Return on Real Estate: Evidence from Equity Reits

NBER Working Paper No. w3311
Number of pages: 30 Posted: 28 Jun 2004 Last Revised: 21 Jul 2022
Kam C. Chan, Patric H. Hendershott and Anthony B. Sanders
Western Kentucky University - Department of Accounting and Finance, University of Aberdeen - Centre for Property Research and George Mason University - School of Business
Downloads 264 (193,240)
Citation 2

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Servicers and Mortgage-Backed Securities Default: Theory and Evidence

Number of pages: 38 Posted: 25 Mar 2011
Brent W. Ambrose, Anthony B. Sanders and Abdullah Yavas
Pennsylvania State University, George Mason University - School of Business and University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics
Downloads 192 (261,010)
Citation 2

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Special Severicer, CMBS, Default, Asymmetric Information

Servicers and Mortgage-Backed Securities Default: Theory and Evidence

Real Estate Economics, Forthcoming
Posted: 28 Sep 2014
Brent W. Ambrose, Anthony B. Sanders and Abdullah Yavas
Pennsylvania State University, George Mason University - School of Business and University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics

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CMBS, Servicing, Workouts, Defaults

19.

Measuring the Benefits of Fannie Mae and Freddie Mac to Consumers: Between De Minimis and Small?

Wharton Financial Institutions Working Paper No. 05-36
Number of pages: 16 Posted: 03 Nov 2005
Anthony B. Sanders
George Mason University - School of Business
Downloads 180 (276,681)
Citation 6

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20.

Thy Neighbor's Mortgage: Does Living in a Subprime Neighborhood Impact Your Probability of Default?

Number of pages: 31 Posted: 21 Apr 2010
National University of Singapore, Pennsylvania State University, Government of the United States of America - Office of the Comptroller of the Currency (OCC) and George Mason University - School of Business
Downloads 168 (293,757)
Citation 2

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Subprime mortgages, default, house price appreciation, Externalities

21.

Default of Commercial Mortgage Loans during the Financial Crisis

46th Annual AREUEA Conference Paper
Number of pages: 48 Posted: 01 Dec 2010 Last Revised: 21 Jul 2015
Xudong An and Anthony B. Sanders
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and George Mason University - School of Business
Downloads 158 (309,296)
Citation 2

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22.

On the Determinants of the Value of Call Options on Default-Free Bonds

NBER Working Paper No. w2529
Number of pages: 29 Posted: 19 Jun 2004 Last Revised: 01 Dec 2022
Stephen A. Buser, Patric H. Hendershott and Anthony B. Sanders
Ohio State University (OSU) - Department of Finance, University of Aberdeen - Centre for Property Research and George Mason University - School of Business
Downloads 43 (678,821)

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23.

The Low Down On Low Down Payment Mortgages: Is It Safe?

George Mason University School of Business Research Paper Forthcoming
Number of pages: 43 Posted: 24 Nov 2020
Anthony B. Sanders
George Mason University - School of Business
Downloads 35 (731,921)

Abstract:

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R30, G10

24.

Pricing Rate Caps on Default-Free Adjustable-Rate Mortgages

NBER Working Paper No. w1525
Number of pages: 23 Posted: 25 Jun 2004 Last Revised: 03 Sep 2022
Stephen A. Buser, Patric H. Hendershott and Anthony B. Sanders
Ohio State University (OSU) - Department of Finance, University of Aberdeen - Centre for Property Research and George Mason University - School of Business
Downloads 34 (738,940)

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25.

Why Banks Are Slowing Lending to Business or ‘A Rolling Loan Gathers No Loss’: Has the Monetary Policy-Credit Channel Weakened?

Number of pages: 46 Posted: 27 Nov 2020
Gerald A. Hanweck and Anthony B. Sanders
George Mason University - Department of Finance and George Mason University - School of Business
Downloads 33 (746,244)

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26.

Local Traits and Securitized Commercial Mortgage Default

Journal of Real Estate Finance and Economics, Vol. 47, No. 4, 2013
Posted: 15 Nov 2013
Xudong An, Yongheng Deng, Joseph Nichols and Anthony B. Sanders
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Wisconsin School of Business, University of Wisconsin-Madison, Board of Governors of the Federal Reserve System and George Mason University - School of Business

Abstract:

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Default risk; CMBS loan; Local trait; Hazard model

27.

Government Policy and the Fixed-Rate Mortgage

Annual Review of Financial Economics, Vol. 3, pp. 223-234, 2011
Posted: 10 Jan 2012
Michael Lea and Anthony B. Sanders
San Diego State University and George Mason University - School of Business

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28.

Thy Neighbor's Mortgage: Does Living in a Subprime Neighborhood Affect One's Probability of Default?

Real Estate Economics, 2011
Posted: 10 Oct 2010
National University of Singapore, Pennsylvania State University, Government of the United States of America - Office of the Comptroller of the Currency (OCC) and George Mason University - School of Business

Abstract:

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Subprime mortgages; default; house price appreciation

29.

The Variation of Economic Risk Premiums in Real Estate Returns

Posted: 10 Jun 1998
George Andrew Karolyi and Anthony B. Sanders
Cornell University - SC Johnson College of Business and George Mason University - School of Business

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