Research in Focus — By studying a period of substantial regulatory change and technological innovation, three researchers identify shifts in market concentration within the U.S. mortgage market.
WP 23-05/R – This paper examines wildfires’ impact on mortgage repayment using novel data that combines property-level damages and mortgage performance data.
The Philadelphia Fed has one of the largest concentrations of housing and mortgage experts in the Federal Reserve System. This CFI in Focus article describes how we engage in housing- and mortgage-related topics in monetary policy, bank supervision, public outreach and convenings, and in producing research and data resources.
Research in Focus — By analyzing a broad segment of the U.S. mortgage market, three researchers show how fraudulent borrowers play a prominent role in driving up risk in housing markets.