A Fistful of Dollars.
Using detailed information on lobbying and mortgage lending activities, we find that lenders lobbying more on issues related to mortgage lending (i) had higher loan-to-income ratios, (ii) securitized more intensively, and (iii) had faster growing portfolios. Ex-post, delinquency rates are higher in...
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Format: | eBook |
Language: | English |
Published: |
Washington :
International Monetary Fund,
2009.
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Series: | IMF working paper (Online)
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