Securitization and the Declining Impact of Bank Finance on Loan Supply: Evidence from Mortgage Acceptance Rates
收藏NBER2006-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w11983
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资源简介：
This paper shows that securitization reduces the influence of bank financial condition on loan supply. Low-cost funding and increased balance-sheet liquidity raise bank willingness to approve mortgages that are hard to sell (jumbo mortgages), while having no effect on their willingness to approve
提供机构：
美国国家经济研究局
创建时间：
2006-01-01
