Working Papers
Author / Susan M. Wachter
- # 821·Credit Risk Transfer, Informed Markets, and Securitization
Susan M. Wachter - # 820·Credit Risk Transfer, Informed Markets, and Securitization
Susan M. Wachter - # 819·Endowments and Minority Homeownership
Arthur Acolin, Desen Lin, Susan M. Wachter - # 818·Real Estate and The Great Crisis: Lessons For Macroprudential Policy
John V. Duca, Lilit Popoyan, Susan M. Wachter - # 806·Credit Risk, Informed Markets, and Securitization: Implications for CRT and GSEs
Susan M. Wachter - # 805·Price Discovery in the Credit Markets
Andrey Pavlov, Eduardo Schwartz, Susan M. Wachter - # 804·Lending Competition and Non-Traditional Mortgages*
Arthur Acolin, Xudong An, Susan M. Wachter - # 803·Accessing Homeownership With Credit Constraints
Arthur Acolin, Laurie Goodman, Susan M. Wachter - # 797·The Consequences of REIT index membership for Return Patterns
Andrey D. Pavlov, Eva Steiner, Susan M. Wachter - # 796·Why are aggressive mortgage products bad for the housing market?
Andrew Davidson, Alex Levin, Andrey D. Pavlov, Susan M. Wachter - # 793·Borrowing Constraints and Homeownership over the Recent Cycle
Arthur Acolin, Jesse Bricker, Paul S. Calem, Susan M. Wachter - # 792·Homeownership and the Use of Nontraditional and Subprime Mortgages
Arthur Acolin, Raphael W. Bostic, Xudong An, Susan M. Wachter - # 791·Borrowing Constraints and Homeownership
Arthur Acolin, Jesse Bricker, Paul S. Calem, Susan M. Wachter - # 790·A Renter or Homeowner Nation?
Arthur Acolin, Laurie S. Goodman, Susan M. Wachter - # 786·REIT Financing Choices: Preparation Matters
Andrey D. Pavlov, Eva Steiner, Susan M. Wachter - # 785·Second Liens and the Leverage Option
Adam J. Levitin, Susan M. Wachter - # 781·Global Food Prices and Domestic Inflation: Some Cross-Country Evidence
Davide Furceri, Prakash Loungani, John Simon, Susan M. Wachter - # 776·Macroeconomic risk factors and the role of mispriced credit in the returns from international real estate securities
Andrey D. Pavlov, Eva Steiner, Susan M. Wachter - # 775·Second-Liens and the Leverage Option
Adam J. Levitin, Susan M. Wachter - # 773·Urban Governance and Development of Informality in China and India
Arthur Acocca, Shahana Chattaraj, Susan M. Wachter - # 769·The Market Structure of Securitization and the US Housing Bubble
Susan M. Wachter - # 767·The Housing and Credit Bubbles in the US and Europe: A Brief Comparison
Susan M. Wachter - # 766·Credit Supply and Housing Prices in National and Local Markets
Susan M. Wachter - # 765·Repeat Sales House Price Index Methodology
Chaitra H. Nagaraja, Lawrence D. Brown, Susan M. Wachter - # 764·Real Estate Investment and Leverage: In Good Times and in Bad
Andrey D. Pavlov, Eva Steiner, Susan M. Wachter - # 763·Transparency in the Mortgage Market
Andrey D. Pavlov, Susan M. Wachter, Albert Alex Zevele - # 747·The Commercial Real Estate Bubble
Adam J. Levitin, Susan M. Wachter - # 746·Second Discussant Comment on “The Future of U.S. Housing Finance Reform”
Susan M. Wachter - # 745·Mortgage Default Option Mispricing and Procyclicality
Andrew Davidson, Alex Levin, Susan M. Wachter - # 741·Borrowing Constraints during the Housing Bubble
Irina Barakova, Paul S. Calem, Susan M. Wachter - # 728·What Next for Housing Finance?
Adam J. Levitin, Susan M. Wachter - # 724·Repeat Sales House Price Index Methodology
Chaitra H. Nagaraja, Lawrence D. Brown, Susan M. Wachter - # 723·The Public Option in Housing Finance
Adam Leviti, Susan M. Wachter - # 722·The Affordability Challenge: Inclusionary Housing and Community Land Trusts in a Federal System
Richard Voith, Susan M. Wachter - # 721·Real Estate Prices in Beijing, 1644 to 1840
Daniel Raff, Susan M. Wachter, Se Yan - # 720·Macroeconomic risk factors and the role of mispriced credit in the returns from international real estate securities
Andrey D. Pavlov, Eva Steiner, Susan M. Wachter - # 718·Why Housing?
Adam J. Levitin, Susan M. Wachter - # 717·The Housing Bubble
Adam J. Levitin, Susan M. Wachter - # 716·Inflation and Real Estate Investments
Brad Case, Susan M. Wachter - # 715·The Rise, Fall, and Return of the Public Option in Housing Finance
Adam J. Levitin, Susan M. Wachter - # 702·Booms and Busts in Real Estate
Susan M. Wachter, Anthony W. Orlando - # 691·Information Failure and the U.S. Mortgage Crisis
Adam J. Levitin, Susan M. Wachter - # 690·Implications of the Housing Market Bubble for Sustainable Homeownership
Paul S. Calem, Leonard Nakamura, Susan M. Wachter - # 689·Explaining the Housing Bubble
Adam J. Levitin, Susan M. Wachter - # 671·Bad and Good Securitization
Susan M. Wachter - # 668·The Need for Government Intervention to Protect and Advance the Public Interest in Consumer and Mortgage Credit Markets
Eric S. Belsky, Susan M. Wachter - # 667·Securitization: Cause or Remedy of the Financial Crisis?
Adam J. Levitin, Andrey D. Pavlov, Susan M. Wachter - # 655·Subprime Lending and Real Estate Prices
Andrey D. Pavlov, Susan M. Wachter - # 654·The Ongoing Financial Upheaval: Understanding the Sources and Way Out
Susan M. Wachter - # 653·Mortgage Product Substitution and State Anti-Predatory Lending Laws: Better Loans and Better Borrowers?
Raphael Bostic, Souphala Chomsisengphet, Kathleen C. Engel, Patricia A. McCoy, Anthony Pennington-Cross, Susan M. Wachter - # 646·Explaining the United States’ Uniquely Bad Housing Market
Jesse M. Abraham, Andrey D. Pavlov, Susan M. Wachter - # 644·Systemic Risk Through Securitization: The Result of Deregulation and Regulatory Failure
Patricia A. McCoy, Andrey D. Pavlov, Susan M. Wachter - # 643·Sustainable Homeownership
Paul S. Calem, Marsha J. Courchane, Susan M. Wachter - # 639·Credit Impairment and Housing Tenure Choice
Paul S. Calem, Simon Firestone, Susan M. Wachter - # 614·Incentives for Mortgage Lending in Asia
Richard Green, Roberto S. Mariano, Andrey D. Pavlov, Susan M. Wachter - # 613·Mortgage Put Options and Real Estate Markets
Andrey D. Pavlov, Susan M. Wachter - # 607·Subprime Lending and House Price Volatility
Andrey D. Pavlov, Susan M. Wachter - # 585·The Housing Finance Revolution: Implications for the Subprime Market
Richard K. Green, Susan M. Wachter - # 566·Aggressive Lending and Real Estate Markets
Andrey D. Pavlov, Susan M. Wachter - # 565·State and Local Anti-Predatory Lending Laws: The Effect of Legal Enforcement Mechanisms
Susan M. Wachter, Raphael Bostic, Kathleen Engel, Anthony Pennington-Cross - # 547·Subprime Lending: Neighborhood Patterns Over Time
Jonathan Hershaff, Susan M. Wachter, Karl Russo - # 545·Underpriced Default Spread Exacerbates Market Crashes
Winston T.H. Koh, Roberto S. Mariano, Andrey D. Pavlov, Sock Yong Phang, Augustine H. H. Tan, Susan M. Wachter - # 535·What is a Tree Worth? Green-city Strategies and Housing Prices
Susan M. Wachter, Grace Wong - # 532·Bank Lending and Real Estate in Asia: Market Optimism and Asset Bubbles
Winston T.H. Koh, Roberto S. Mariano, Andrey D. Pavlov, Sock Yong Phang, Augustine H. H. Tan, Susan M. Wachter - # 527·Immigration and the Neighborhood
Albert Saiz, Susan M. Wachter - # 518·Real Estate Crashes and Bank Lending
Andrey D. Pavlov, Susan M. Wachter - # 509·Housing and Government Policy in the Global Economy: The Cases of Korea and the US
Susan M. Wachter - # 506·Real Estate Crashes and Bank Lending
Andrey D. Pavlov, Susan M. Wachter - # 482·Hitting the Wall: Credit as an Impediment to Homeownership
Raphael W. Bostic, Paul S. Calem, Susan M. Wachter - # 472·Housing’s Changing Role in the Business Cycle
Susan M. Wachter, Mark Zandi - # 463·The Anatomy of Non-recourse Lending
Andrey D. Pavlov, Susan M. Wachter - # 461·Bank Lending and Real Estate in Asia: Market Optimism and Asset Bubbles
Winston T.H. Koh, Roberto S. Mariano, Andrey D. Pavlov, Sock Yong Phang, Augustine H. H. Tan, Susan M. Wachter - # 451·Real Estate Crashes and Bank Lending
Andrey D. Pavlov, Susan M. Wachter - # 435·Does Credit Quality Matter for Homeownership?
Irina Barakova, Raphael Bostic, Paul S. Calem, Susan M. Wachter - # 433·Immigration and Housing Rents in American Cities
Albert Saiz, Susan M. Wachter - # 410·Does Credit Quality Matter for Homeownership?
Irina Barakova, Raphael Bostic, Paul S. Calem, Susan M. Wachter - # 409·Managing Metropolitan Futures: The Role of Information Intermediaries
Joseph Ferreira, Andrew Reamer, Susan M. Wachter - # 408·Robbing the Bank: Non-recourse Lending and Asset Prices
Andrey D. Pavlov, Susan M. Wachter - # 405·The Impacts Of Affordable Lending Efforts On Homeownership Rates
Roberto G. Quercia, George W. McCarthy, Susan M. Wachter - # 404·The Neighborhood Distribution of Subprime Mortgage Lending
Paul S. Calem, Kevin Gillen, Susan M. Wachter - # 402·Bubbles in Real Estate Markets
Richard Herring, Susan M. Wachter - # 401·The Role of Speculation in Real Estate Cycles
Stephen Malpezzi, Susan M. Wachter - # 383·Anistropic Autocorrelation in House Prices
Kevin Gillen, Thomas Thibodeau, Susan M. Wachter - # 320·Employment Access, Residential Location and Homeownership
Yongheng Deng, Stephen L. Ross, Susan M. Wachter - # 316·The Differential Impacts of Federally Assisted Housing Programs on Nearby Property Values: A Philadelphia Case Study
Chang Moo-Lee, Dennis P. Culhane, Susan M. Wachter - # 308·Polarization and Public Housing in the United States
William H. Carter, Michael H. Schill, Susan M. Wachter - # 307·An Economic Analysis of Housing Abandonment
Benjamin P. Scafidi, Michael H. Schill, Susan M. Wachter - # 304·The Impacts of Affordable Lending Efforts on Home Ownership Rates
Roberto G. Quercia, George W. McCarthy, Susan M. Wachter - # 289·The Future of Public Housing
Michael H. Schill, Susan M. Wachter