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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Chen, Sophia
مؤلفون آخرون: Ratnovski, Lev, Sun, Yangfan
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2021.
سلاسل:IMF Working Papers; Working Paper ; No. 2021/151
الموضوعات:
الوصول للمادة أونلاين:Full text available on IMF