Do Lenders Make Less-Informed Investments in High-Growth Housing Markets? /
Nonlocal mortgage lenders with greater exposure to high-growth housing markets accept fewer loan applications in these markets and experience greater stock return volatility. When these lenders expand to high-growth markets, they also ration credit to a significantly greater degree than when they ex...
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| Other Authors: | , |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2021.
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| Series: | IMF Working Papers; Working Paper ;
No. 2021/151 |
| Subjects: | |
| Online Access: | Full text available on IMF |