Author: C. Theodore KoebelPublisher:
ISBN:
Category : Homeowners
Languages : en
Pages : 78
Book Description
Income and Household Changes Among VHDA Mortgagors
Author: C. Theodore KoebelPublisher:
ISBN:
Category : Homeowners
Languages : en
Pages : 78
Book Description
STATE PUBLICATIONS Monthly Checklist
Author: Monthly Checklist of State Publications
Author: Library of Congress. Exchange and Gift DivisionPublisher:
ISBN:
Category : State government publications
Languages : en
Pages : 726
Book Description
An annual index to the monographs appears early in the following year.
Operation of the Home Loan Guaranty Program in the State of Virginia
Author: United States. Congress. House. Committee on Veterans' Affairs. Subcommittee on Housing and Memorial AffairsPublisher:
ISBN:
Category : Loans
Languages : en
Pages : 72
Book Description
Bibliographic Guide to Business and Economics
Author: New York Public Library. Research LibrariesPublisher:
ISBN:
Category : Business
Languages : en
Pages : 512
Book Description
Household Debt and the Dynamic Effects of Income Tax Changes
Author: James CloynePublisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 58
Book Description
Using a long span of expenditure survey data and a new narrative measure of exogenous income tax changes for the United Kingdom, we show that households with mortgage debt exhibit large and persistent consumption responses to tax changes. Home-owners without a mortgage, in contrast, do not appear to react, with responses not statistically different from zero at all horizons. Splitting the sample by age and education yields only limited evidence of heterogeneity as the distributions of these demographics tend to overlap across housing tenure groups. We interpret our findings through the lens of traditional and more recent theories of liquidity constraints, providing a novel interpretation for the aggregate effects of tax changes on the real economy.
Underserved Mortgage Markets
Author: Robert B. AveryPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 74
Book Description
Household Income, Termination Risk and Mortgage Pricing
Author: Wayne R. ArcherPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
The premium embedded in home mortgage loans to compensate investors for their exposure to prepayment risk is a significant component of the cost of home mortgage lending. Moreover, there is some reason to believe that prepayment risk may be lower for loans to lower-income housing borrowers, especially those that are first-time home owners. If so, investor recognition of this advantage should facilitate greater willingness to acquire portfolios of lower-income housing loans, and encourage more competitive pricing in this segment of the market. This study investigates the possibility of differential mortgage prepayment behavior between lower-income home owners and non-low income home owners. The investigation relies on samples of the American Housing Survey spanning ten years of experience from 1985 to 1995. We find no significant difference between the termination or refinancing behavior of non-low income and low-income households. This result is robust to a number of alternative specifications such as restricting the low-income test group to non-moving households and to first-time owners. The same conclusions are derived from both aggregate prepayment rates and from analysis of individual household prepayment behavior.
Proposal for Regaining Actuarial Soundness of the FHA
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Urban AffairsPublisher:
ISBN:
Category : Home ownership
Languages : en
Pages : 160
Book Description
Author: