Coverart for item
The Resource Stabilizing the System of Mortgage Finance in the United States

Stabilizing the System of Mortgage Finance in the United States

Label
Stabilizing the System of Mortgage Finance in the United States
Title
Stabilizing the System of Mortgage Finance in the United States
Creator
Author
Subject
Genre
Language
eng
Summary
It has been over a decade since the peak of house prices in the US was attained, and while there has been a concerted regulatory response to the subsequent collapse, the two Government Sponsored Enterprises (GSEs) remain in conservatorship. While this action served to forestall a deeper crisis at the time, over the past several years risks related to the system of mortgage finance can be seen building across several dimensions that need to be addressed. While reforms to the GSEs are an important part of dealing with these concerns, this paper argues that broader changes need to be made across the entire mortgage landscape to stabilize the system, even before the final state of the GSEs is fully determined
Member of
Cataloging source
EBLCP
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorName
Koss, Richard
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
Series statement
IMF Working Paper,
http://library.link/vocab/subjectName
  • Financial Regulation And Supervision
  • Government Policy And Regulation
  • Capital Markets
  • Housing Demand
  • Mortgages
Label
Stabilizing the System of Mortgage Finance in the United States
Instantiates
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • Cover; Contents; I. Introduction; II. Introduction to Issues and Summary of Proposal; III. Simplifying the System of Mortgage Provision in the U.S; IV. Housing Policy, Financial Regulation and the Rise of Mortgage Banks; a. The Government Guarantee and Treatment on Bank Balance Sheets; b. Reps and Warrants; c. The CFPB, Servicing Costs and Federal Reserve Stress Tests; d. Leveling the Playing Field; V. Revamping Risk Transfer; VI. Conclusions: Looking Ahead; References; List of Figures; Figure 1: CoreLogic National House Price Index; Figure 2: Freddie Mac -- Fannie Mae Yield Gap
  • Figure 14: Fully Loaded Service Operating Costs (per Loan) of Performing and Non- Performing LoansFigure 15: Total Mortgage Delinquencies; Figure 16: Share of Balances Serviced by Banks; Figure 17: Percentage (%) Ch Core Logic HPI & Days Supply; Figure 18: Federal Reserve Holdings of MBS; Figure 19: Homeownership Rate Under 35 Years Old
  • Figure 3: Fannie Mae Share of Conventional Mortgage Securitized MarketFigure 4: GSE CMO Production; Figure 5: GSE Net Interest Income; Figure 6: GSE Net Income Before Tax; Figure 7: Revenue and Cost per Loan; Figure 8: FHA Share of Mortgage Production; Figure 9: Ginnie Mae Securitization Share; Figure 10: Share of Conventional Mortgage Production by Institution Type; Figure 11: Share of FHA Mortgage Production by Institution Type; Figure 12: Fannie Mae -Ginnie Mae Yield Gap; Figure 13: Evolution of Loan Characteristics
Control code
1001374928
Dimensions
unknown
Extent
1 online resource (32 pages)
Form of item
online
Isbn
9781484315248
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781484312544.001
Specific material designation
remote
System control number
  • imfWPIEA2017186
  • (IMF)WPIEA2017186
  • (OCoLC)1001374928
Label
Stabilizing the System of Mortgage Finance in the United States
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • Cover; Contents; I. Introduction; II. Introduction to Issues and Summary of Proposal; III. Simplifying the System of Mortgage Provision in the U.S; IV. Housing Policy, Financial Regulation and the Rise of Mortgage Banks; a. The Government Guarantee and Treatment on Bank Balance Sheets; b. Reps and Warrants; c. The CFPB, Servicing Costs and Federal Reserve Stress Tests; d. Leveling the Playing Field; V. Revamping Risk Transfer; VI. Conclusions: Looking Ahead; References; List of Figures; Figure 1: CoreLogic National House Price Index; Figure 2: Freddie Mac -- Fannie Mae Yield Gap
  • Figure 14: Fully Loaded Service Operating Costs (per Loan) of Performing and Non- Performing LoansFigure 15: Total Mortgage Delinquencies; Figure 16: Share of Balances Serviced by Banks; Figure 17: Percentage (%) Ch Core Logic HPI & Days Supply; Figure 18: Federal Reserve Holdings of MBS; Figure 19: Homeownership Rate Under 35 Years Old
  • Figure 3: Fannie Mae Share of Conventional Mortgage Securitized MarketFigure 4: GSE CMO Production; Figure 5: GSE Net Interest Income; Figure 6: GSE Net Income Before Tax; Figure 7: Revenue and Cost per Loan; Figure 8: FHA Share of Mortgage Production; Figure 9: Ginnie Mae Securitization Share; Figure 10: Share of Conventional Mortgage Production by Institution Type; Figure 11: Share of FHA Mortgage Production by Institution Type; Figure 12: Fannie Mae -Ginnie Mae Yield Gap; Figure 13: Evolution of Loan Characteristics
Control code
1001374928
Dimensions
unknown
Extent
1 online resource (32 pages)
Form of item
online
Isbn
9781484315248
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781484312544.001
Specific material designation
remote
System control number
  • imfWPIEA2017186
  • (IMF)WPIEA2017186
  • (OCoLC)1001374928

Library Locations

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