What is the impact of the sharing economy, pioneered by companies such as Airbnb, on the housing market? In this paper, Sophie Calder-Wang estimates the welfare and…
MF10-5: The U.S. mortgage finance system has gone from the envy of the world to a case study of failure in 2 short years. As recently as the 2003-2005 period the system…
Edward Golding, Richard Green, Douglas McManus
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February 1, 2008
UCC08-6: This paper has two parts. First, we look at the various agents involved in the mortgage transaction—including borrowers, brokers, originators, rating agencies…