Market Structure - Mortgage Lending Performance Relationship in Illinois Commercial Banks
Author: William Frederick Landsea
Publisher:
Published: 1966
Total Pages:
ISBN-13:
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Author: William Frederick Landsea
Publisher:
Published: 1966
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Theodore G. Flechsig
Publisher:
Published: 1965
Total Pages: 92
ISBN-13:
DOWNLOAD EBOOKAuthor: Richard Haden Keehn
Publisher:
Published: 1972
Total Pages: 764
ISBN-13:
DOWNLOAD EBOOKAuthor: Jihad Dagher
Publisher: International Monetary Fund
Published: 2012-06-01
Total Pages: 43
ISBN-13: 1475504462
DOWNLOAD EBOOKWe examine the impact of banks’ exposure to market liquidity shocks through wholesale funding on their supply of credit during the financial crisis in the United States. We focus on mortgage lending to minimize the impact of confounding demand factors that could potentially be large when comparing banks’ overall lending across heterogeneous categories of credit. The disaggregated data on mortgage applications that we use allows us to study the time variations in banks’ decisions to grant mortgage loans, while controlling for bank, borrower, and regional characteristics. The wealth of data also allows us to carry out matching exercises that eliminate imbalances in observable applicant characteristics between wholesale and retail banks, as well as various other robustness tests. We find that banks that were more reliant on wholesale funding curtailed their credit significantly more than retail-funded banks during the crisis. The demand for mortgage credit, on the other hand, declined evenly across wholesale and retail banks. To understand the aggregate implications of our findings, we exploit the heterogeneity in mortgage funding across U.S. Metropolitan Statistical Areas (MSAs) and find that wholesale funding was a strong and significant predictor of a sharper decline in overall mortgage credit at the MSA level.
Author:
Publisher:
Published: 1973
Total Pages: 838
ISBN-13:
DOWNLOAD EBOOKAuthor: Xerox University Microfilms
Publisher:
Published: 1973
Total Pages: 832
ISBN-13:
DOWNLOAD EBOOKAuthor: Patrick T. Harker
Publisher: Cambridge University Press
Published: 2000-05-18
Total Pages: 516
ISBN-13: 9780521777674
DOWNLOAD EBOOKThe efficient operation of financial intermediaries--banks, insurance and pension fund firms, government agencies and so on--is instrumental for the efficient functioning of the financial system and the fueling of the economies of the twenty-first century. But what drives the performance of these institutions in today's global environment? In this volume, world-renowned scholars bring their expertise to bear on the issues. Primary among them are the definition and measurement of efficiency of a financial institution, benchmarks of efficiency, identification of the drivers of performance and measurement of their effects on efficiency, the impact of financial innovation and information technologies on performance, the effects of process design, human resource management policies, as well as others.
Author: Theodore George Flechsig
Publisher:
Published: 1965
Total Pages: 88
ISBN-13:
DOWNLOAD EBOOKAuthor: Yakov Amihud
Publisher: Springer Science & Business Media
Published: 2013-04-17
Total Pages: 249
ISBN-13: 1475727992
DOWNLOAD EBOOKAs the financial services industry becomes increasingly international, the more narrowly defined and historically protected national financial markets become less significant. Consequently, financial institutions must achieve a critical size in order to compete. Bank Mergers & Acquisitions analyses the major issues associated with the large wave of bank mergers and acquisitions in the 1990's. While the effects of these changes have been most pronounced in the commercial banking industry, they also have a profound impact on other financial institutions: insurance firms, investment banks, and institutional investors. Bank Mergers & Acquisitions is divided into three major sections: A general and theoretical background to the topic of bank mergers and acquisitions; the effect of bank mergers on efficiency and shareholders' wealth; and regulatory and legal issues associated with mergers of financial institutions. It brings together contributions from leading scholars and high-level practitioners in economics, finance and law.
Author: Anjan V. Thakor
Publisher: Elsevier
Published: 2008-07-07
Total Pages: 605
ISBN-13: 0080559921
DOWNLOAD EBOOKThe growth of financial intermediation research has yielded a host of questions that have pushed "design" issues to the fore even as the boundary between financial intermediation and corporate finance has blurred. This volume presents review articles on six major topics that are connected by information-theoretic tools and characterized by valuable perspectives and important questions for future research. Touching upon a wide range of issues pertaining to the designs of securities, institutions, trading mechanisms and markets, industry structure, and regulation, this volume will encourage bold new efforts to shape financial intermediaries in the future. - Original review articles offer valuable perspectives on research issues appearing in top journals - Twenty articles are grouped by six major topics, together defining the leading research edge of financial intermediation - Corporate finance researchers will find affinities in the tools, methods, and conclusions featured in these articles