Article Results (Showing 1 - 3 of 3) RSS Alert
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The effect of housing government-sponsored enterprises on mortgage rates.

We derive a theoretical model of how jumbo and conforming mortgage rates are determined and how the jumbo-conforming spread might arise. We show...
Real Estate Economics, 09/22/05 by Burgess, Gillian; Passmore, Wayne; Sherlund, Shane M. · More from publication -
The GSE implicit subsidy and the value of government ambiguity.(government sponsored enterprises )

The housing-related government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac have an ambiguous relationship with the federal...
Real Estate Economics, 09/22/05 by Passmore, Wayne · More from publication -
Is mortgage lending by savings associations special?
In this paper, we investigate whether elimination of the savings association charter might reduce lending to "nontraditional" (e.g., low-income)...
Economic Review - Federal Reserve Bank of San Francisco, 01/01/98 by Laderman, Elizabeth; Passmore, Wayne · More from publication


