Mortgage Players and Products
18 Pages Posted: 22 Mar 2009
Date Written: March 19, 2009
In this paper, we examine the changes in underwriting standards over the past decade. Our focus is on the substitutability among mortgage players and products, with an emphasis on how standards have tightened in response to the subprime crisis.
Keywords: Underwriting, Mortgages, Subprime Lending, HMDA
JEL Classification: G21, G28
Suggested Citation: Suggested Citation