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A primer on the mortgage market and mortgage finance

  • Daniel J. McDonald
  • Daniel L. Thornton

This article is a primer on mortgage finance. It discusses the basics of the mortgage market and mortgage finance. In so doing, it provides useful information that can aid individuals in making better mortgage finance decisions. The discussion and the tools are presented within the context of mortgage finance; however, these same principles and tools can be applied to a wide range of financial decisions.

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File URL: http://research.stlouisfed.org/publications/review/08/01/McDonald.pdf
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Article provided by Federal Reserve Bank of St. Louis in its journal Review.

Volume (Year): (2008)
Issue (Month): Jan ()
Pages: 31-46

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Handle: RePEc:fip:fedlrv:y:2008:i:jan:p:31-46:n:v.90no.1
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  1. Lawrence White & W. Scott Frame, 2004. "Fussing and Fuming over Fannie and Freddie: How Much Smoke, How Much Fire?," Working Papers 04-27, New York University, Leonard N. Stern School of Business, Department of Economics.
  2. Kristopher Gerardi & Harvey S. Rosen & Paul Willen, 2006. "Do households benefit from financial deregulation and innovation?: the case of the mortgage market," Public Policy Discussion Paper 06-6, Federal Reserve Bank of Boston.
  3. Richard K. Green & Susan M. Wachter, 2005. "The American Mortgage in Historical and International Context," Journal of Economic Perspectives, American Economic Association, vol. 19(4), pages 93-114, Fall.
  4. repec:fip:fedgsq:y:2007:i:june5 is not listed on IDEAS
  5. Ben S. Bernanke, 2007. "The housing market and subprime lending," Speech 294, Board of Governors of the Federal Reserve System (U.S.).
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