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  1. Three essays on real estate finance
    Published: June 2012

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    B 412441
    Unlimited inter-library loan, copies and loan
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Dissertation
    Format: Print
    Subjects: Hypothek; Wucher; Gläubigerschutz; Wohnungsmarkt; Gebäudesanierung; Spekulation; USA
    Scope: ix, 119 Seiten, Illustrationen
    Notes:

    Enthält 3 Beiträge

    Dissertation, Princeton University, 2012

  2. Predatory lending and the subprime crisis
    Published: 2012
    Publisher:  Charles A. Dice Center for Research in Financial Economics, Columbus, Ohio

    We measure the effect of an anti-predatory pilot program (Chicago, 2006) on mortgage default rates to test whether predatory lending was a key element in fueling the subprime crisis. Under the program, risky borrowers and/or risky mortgage contracts... more

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Keine Speicherung
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    We measure the effect of an anti-predatory pilot program (Chicago, 2006) on mortgage default rates to test whether predatory lending was a key element in fueling the subprime crisis. Under the program, risky borrowers and/or risky mortgage contracts triggered review sessions by housing counselors who shared their findings with the state regulator. The pilot cut market activity in half, largely through the exit of lenders specializing in risky loans and through decline in the share of subprime borrowers. Our results suggest that predatory lending practices contributed to high mortgage default rates among sub prime borrowers, raising them by about a third

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working papers series / Charles A. Dice Center for Research in Financial Economics ; 2012-8
    Fisher College of Business working paper series ; 2012-03-008
    Subjects: Verbraucherkredit; Subprime-Krise; Wucher; Kreditrisiko; Kreditwürdigkeit; USA
    Scope: Online-Ressource (PDF-Datei: 54 S.), graph. Darst.
  3. Good intentions pave the way to ... the local moneylender
    Published: 2012
    Publisher:  Friedrich-Alexander-Univ., Erlangen [u.a.]

    Microborrowers may take usurious loans to repay a loan taken from a microfinance institution because of having neglected the time inconsistency of optimal plans or having discounted future payoffs too strongly from the ex-post perspective.... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 400 (126)
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    Microborrowers may take usurious loans to repay a loan taken from a microfinance institution because of having neglected the time inconsistency of optimal plans or having discounted future payoffs too strongly from the ex-post perspective. Microfinance programs should strive at preventing such consequences of bounded rationality. -- microfinance ; hyperbolic discounting

     

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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/73430
    Series: BGPE discussion paper ; 126
    Subjects: Mikrofinanzierung; Wucher; Investition; Begrenzte Rationalität; Theorie
    Scope: Online-Ressource (8 S.), graph. Darst.