Past Newsletters
Our newsletters typically include short analysis (the Spotlights) and brief descriptions (the Briefs) of topics relevant to the SURF network.
Spotlights
- An Overview of Special-Purpose Credit Programs Under the Equal Credit Opportunity Act – Q2 2023
- Summary of the Fourth Workshop on Payments, Lending, and Innovations in Consumer Finance – Q1 2023
- CECL Implementation and Model Risk During the Pandemic – Q3 2022
- The Life-Cycle Impacts of Federal Student Loans: A Brief Literature Review – Q2 2022
- Credit Card Trends During the COVID-19 Pandemic – Q1 2022
- Recap from the Fourth Biennial Conference on Auto Lending – Q4 2021
- Auto Loan Origination Trends During the COVID-19 Pandemic – Q3 2021
- Climate Change and Consumer Finance? A Very Brief Literature Review – Q2 2021
- An Initial Attempt to Evaluate the Impact of the COVID-19 Crisis on Consumers – Q1 2021
- Summary of the Recent Workshop on Credit Card Lending and Payments – Q4 2020
- Are Fintech Firms Reaching Out to Underserved Consumers? – Q3 2020
- How Mortgage Losses Became the Primary Catalyst for the Financial Crisis – Q4 2019
- Conference Summary — Stress Testing: A Discussion and Review – Q3 2019
- The Third Biennial Conference on Auto Lending – Q2 2019
- Collateral Valuation and Mortgage Default Risk – Q1 2019
- Interventions That Improve Consumer Credit Outcomes – Q4 2018
- Modeling Loss Given Default – Q3 2018
- Minimum Wages and Consumer Credit: Impacts on Access to Credit and Traditional and High Cost Borrowing – Q2 2018
- Another Look at Mortgage Default – Q1 2018
Briefs
- The Public FR Y-14 Retail Credit Data Set – Q1 2023
- A Brief Overview of Central Bank Digital Currency (CBDC) Developments Around the World – Q1 2022
- Trends in Consumer Credit Markets During the COVID-19 Pandemic – Q2 2021
Events
The SURF network sponsors and organizes seminars and panels, workshops and conferences on a variety of topics relevant to our community.
- Mortgage Market Research Conference
- Fourth Workshop on Payments, Lending, and Innovations in Consumer Finance
- Sixth Annual Fintech Conference
Research
The SURF community is actively involved in advancing the frontier of knowledge. Here we highlight some of the most recent research and policy work.
February 2024
- CECL Implementation and Model Risk in Uncertain Times: An Application to Consumer Finance – José Canals-Cerdá
January 2024
- Extreme Wildfires, Distant Air Pollution, and Household Financial Health – Xudong (Sean) An, Stuart A. Gabriel, Nitzan Tzur-Ilan
- Housing Speculation, GSEs, and Credit Market Spillovers – Natee Amornsiripanitch, Philip E. Strahan, Song Zhang and Xiang Zheng
December 2023
- CMBS Market Evolution and Emerging Risks – Xudong (Sean) An, Larry Cordell and Nicholas Smith
November 2023
- The Opioid Epidemic and Consumer Credit Supply: Evidence from Credit Cards – Sumit Agarwal, Wenli Li, Raluca A. Roman and Nonna Sorokina
- Did Fintech Loans Default More During the COVID-19 Pandemic? Were Fintech Firms “Cream Skimming” the Best Borrowers? – Julapa Jagtiani, Catharine Lemieux and Brandon Goldstein
October 2023
- Social Capital and Mortgages – Xudong (Sean) An, Sadok El Ghoul, Omrane Guedhami, Ross Levine and Raluca A. Roman
- The Role of Bank-Fintech Partnerships in Creating a More Inclusive Banking System – Alan Chernoff and Julapa Jagtiani
August 2023
- Failing Just Fine: Assessing Careers of Venture Capital-backed Entrepreneurs via a Non-Wage Measure – Natee Amornsiripanitch, Paul A. Gompers, George Hu, Will Levinson and Vladimir Mukharlyamov
- Lending by Servicing: Monetary Policy Transmission Through Shadow Banks – Isha Agarwal, Malin Hu, Raluca A. Roman and Keling Zheng
March 2023
- California Wildfires, Property Damage, and Mortgage Repayment – Siddhartha Biswas, Mallick Hossain & David Zink
- Not Cashing In on Cashing Out: An Analysis of Low Cash-Out Refinance Rates – Mallick Hossain, Igor Livshits & Collin Wardius
- The Age Gap in Mortgage Access – Natee Amornsiripanitch
August 2022
- Getting Schooled: The Role of Universities in Attracting Immigrant Entrepreneurs – Natee Amornsiripanitch, Paul A. Gompers, George Hu & Kaushik Vasudevan
April 2022
- The Impact of Fintech Lending on Credit Access for U.S. Small Businesses – Giulio Cornelli, Jon Frost, Leonardo Gambacorta & Julapa Jagtiani
- Fintech, Cryptocurrencies, and CBDC: Financial Structural Transformation in China – Franklin Allen, Xian Gu & Julapa Jagtiani
March 2022
- More Than Shelter: The Effects of Rental Eviction Moratoria on Household Well-Being – Xudong (Sean) An, Stuart A. Gabriel & Nitzan Tzur-Ilan
February 2022
- Net Income Measurement, Investor Inattention, and Firm Decisions – Natee Amornsiripanitch, Zeqiong Huang, David Kwon & Jinjie Lin
January 2022
- Bond Insurance and Public Sector Employment – Natee Amornsiripanitch
- Why Are Residential Property Tax Rates Regressive? – Natee Amornsiripanitch
- Inequality in the Time of COVID-19: Evidence from Mortgage Delinquency and Forbearance – Xudong (Sean) An, Larry Cordell, Liang Geng & Keyoung Lee
November 2021
- CLO Performance – Larry Cordell, Michael R. Roberts & Michael Schwert
October 2021
- Climate Change and Consumer Finance: A Very Brief Literature Review – José Canals-Cerdá & Raluca A. Roman
September 2021
- A Tale of Two Bailouts: Effects of TARP and PPP on Subprime Consumer Debt – Allen N. Berger, Onesime Epouhe & Raluca A. Roman
- Understanding Older Student Loan Borrowers – Charlie Gallagher & Sílvio Rendon
- The Future of Cash – Solomon H. Tarlin
August 2021
- COVID-19 and Auto Loan Origination Trends – José Canals-Cerdá & Brian Jonghwan Lee
May 2021
- Piercing Through Opacity: Relationships and Credit Card Lending to Consumers and Small Businesses During Normal Times and the COVID-19 Crisis – Allen N. Berger, Christa H.S. Bouwman, Lars Norden, Raluca A. Roman, Gregory F. Udell & Teng Wang
April 2021
- Which Lenders Are More Likely to Reach Out to Underserved Consumers: Banks versus Fintechs versus Other Nonbanks? – Erik Dolson & Julapa Jagtiani
March 2021
- Is a Friend in Need a Friend Indeed? How Relationship Borrowers Fare during the COVID-19 Crisis – Allen N. Berger, Christa H.S. Bouwman, Lars Norden, Raluca A. Roman, Gregory F. Udell & Teng Wang
- “Sort Selling”: Political Polarization and Residential Choice – W. Ben McCartney, John Orellana & Calvin Zhang
February 2021
- A Survey of Fintech Research and Policy Discussion – Franklin Allen, Xian Gu & Julapa Jagtiani
- Eviction Risk of Rental Housing: Does It Matter How Your Landlord Finances the Property? – Brent W. Ambrose, Xudong (Sean) An & Luis A. Lopez
- Unexpected Effects of Bank Bailouts: Depositors Need Not Apply and Need Not Run – Allen N. Berger, Martien Lamers, Raluca A. Roman & Koen Schoors
January 2021