We introduce a new measure of the price charged by financial intermediaries for connecting
mortgage borrowers with capital market investors. Based on administrative lender pricing …

While the recent decade of changing mortgage origination is well documented, loan pools
assembled by MBS issuers have yet to be examined. To address this void in the literature …

This dissertation consists of three essays concerning financial economics. In the first essay, I
focus on the role of the life insurance in the financial markets and the factors that drive the …