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Integration of Mortgage and Capital Markets and the Accumulation of Residential Capital

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NBER1989-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2847
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The securitization of fixed-rate mortgages suggests that the FRA/VA market was fully integrated with capital markets by the early l98Os and that the conventional market moved toward integration during the l98Os. Assuming full integration of FHA/VA5 via the GNMA securitization process, we first
提供机构:
美国国家经济研究局
创建时间:
1989-02-01
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