Home equity

ALTERNATIVE LABELS
Home equity access accounts
Home equity loans
Housing equity withdrawal
Home equity line of credit
Home loan equity loan security
NARROWER TERMS


Working paper

Liquidity constraints, home equity and residential mortgage losses

This paper analyses how borrower liquidity constraints and home equity relate to the realized loss given default (LGD) using the quarterly U.S. residential mortgage loan-level data observed from Q2 2005 to Q1 2015. We define defaulted loans with zero-LGD as cure loans and those with...
Journal article

Housing equity withdrawal in Australia

More Australian home owners are using housing equity withdrawal to unlock financial resources to fund living expenses, especially in retirement. Policy is needed to address potential adverse consequences of these strategies.
Working paper

Forecasting mortgage securitization risk under systemic risk and parameter uncertainty

The Global Financial Crisis exposed financial institutions to severe unexpected losses in relation to mortgage securitizations and derivatives. This paper finds that risk models such as ratings are exposed to a large degree of systematic risk and parameter uncertainty.