Journal article icon

Journal article

How mortgage finance reform could affect housing

Abstract:

Although major changes in mortgage finance have occurred since the subprime bust, several issues remain unresolved, centering on the roles of Fannie Mae, Freddie Mac, and the FHA. We analyze how some reforms might affect house prices in a framework rich enough to simulate the impact of several reforms which change mortgage interest rates and/or loan-to-value (LTV) ratios of first time home buyers, the key drivers of house prices in recent decades. Simulations suggest that ending the GSE inter...

Expand abstract
Publication status:
Published
Peer review status:
Peer reviewed
Version:
Accepted manuscript

Actions


Access Document


Files:
Publisher copy:
10.1257/aer.p20161083

Authors


More by this author
Institution:
University of Oxford
Department:
Oxford, SSD, Economics, EMOD
Publisher:
American Economic Association Publisher's website
Journal:
American Economic Review Journal website
Volume:
106
Issue:
5
Pages:
620-624
Publication date:
2016-05-01
Acceptance date:
2016-02-15
DOI:
URN:
uuid:87574824-e5cd-4e82-80f4-6da250f48f41
Source identifiers:
622342
Local pid:
pubs:622342
Keywords:

Terms of use


Metrics



If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP