Abstract Technology-based (“FinTech”) lenders increased their market share of US
mortgage lending from 2% to 8% from 2010 to 2016. Using loan-level data on mortgage …

Shadow bank market share in residential mortgage origination nearly doubled from 2007 to
2015, with particularly dramatic growth among online “fintech” lenders. We study how two …

More than two million US households have an eviction case filed against them each year.
Policy makers at the federal, state, and local levels are increasingly pursuing policies to …

We follow a representative panel of US borrowers to study the suspension of household
debt payments (debt forbearance) during the COVID-19 pandemic. Between March and …

We use an event study approach to examine the economic consequences of hospital
admissions for adults in two datasets: survey data from the Health and Retirement Study …

We assess the complicated reality of monetary policy transmission through mortgage
markets by synthesizing the existing literature on the role of refinancing in policy …

We provide new time-varying estimates of the housing wealth effect back to the 1980s. We
use three identification strategies: ordinary least squares with a rich set of controls, the Saiz …

Banks' exposure to large-scale asset purchases, as measured by the relative prevalence of
mortgage-backed securities on their books, affects lending following unconventional …

We exploit variation in mortgage modifications to disentangle the impact of reducing long-
term obligations with no change in short-term payments (“wealth”), and reducing short-term …

We document the transmission of large-scale asset purchases by the Federal Reserve to the
real economy using rich borrower-linked mortgage-market data and an identification …