Search Results

Prime and Subprime Hybrid Mortgages - Economic Synopses

Although similar in many ways, subprime hybrids were really different from prime hybrids.

research.stlouisfed.org/.../economic-synopses/2012/10/11/prime-and-subprime-hybrid-mortgages

What Is Subprime Lending? - Economic Synopses

A precise characterization of subprime lending is elusive. Unlike prime mortgages, subprime mortgages are not homogenous. One suggestion to better identify subprime mortgages is to classify mortgages by the loan-to-value ratio and the borrower's credit score.

research.stlouisfed.org/publications/economic-synopses/2007/06/01/what-is-subprime-lending

Mortgage Originations: 2000-2006 - Economic Synopses

If the recent growth in mortgage originations reflects the decline in the interest rate, then mortgage originations might be expected to decline when the contract rate increases. Indeed, mortgage originations did decline when contract rates rose after 2003. However, the level of originations continued to remain higher on average than pre-2003 levels.

research.stlouisfed.org/.../economic-synopses/2008/08/01/mortgage-originations-2000-2006

Alt-A: The Forgotten Segment of the Mortgage Market - Review

This article presents a brief overview of the Alt-A mortgage market with the goal of outlining broad trends in the different borrower and mortgage characteristics of Alt-A market originations between 2000 and 2006.

research.stlouisfed.org/.../review/2010/01/04/alt-a-the-forgotten-segment-of-the-mortgage-market

Changes in the Mortgage Market Since the Crisis - Economic Synopses

It appears that mortgage origination and securitization is currently “in limbo”: Private securitization has all but disappeared and is being absorbed by government- sponsored enterprises.

research.stlouisfed.org/.../2011/08/30/changes-in-the-mortgage-market-since-the-crisis

Global European Banks and the Financial Crisis - Review

This article reviews some of the recent studies on international capital flows with a focus on the role of European global banks. The authors present a revision to the commonly held “global saving glut” view that East Asian economies (along with oil-rich nations) were the dominant suppliers of capital that fueled the asset price boom in many parts of the world in the early 2000s. 

research.stlouisfed.org/.../review/2012/11/01/global-european-banks-and-the-financial-crisis

The Microfinance Revolution: An Overview - Review

The Nobel Prize committee awarded the 2006 Nobel Peace Prize to Muhammad Yunus and the Grameen Bank “for their efforts to create economic and social development from below.” The microfinance revolution has come a long way since Yunus first provided financing to the poor in Bangladesh.

research.stlouisfed.org/.../publications/review/2008/01/01/the-microfinance-revolution-an-overview