Deposit Competition and Mortgage Securitization

We study how deposit competition affects a bank's decision to securitize mortgages. Exploiting the state‐specific removal of deposit market caps across the U.S. as a source of competition, we find a 7.1 percentage point increase in the probability that banks securitize mortgage loans. This resu...

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Veröffentlicht in:Journal of money, credit and banking credit and banking, 2024-10
Hauptverfasser: MCGOWAN, DANNY, NGUYEN, HUYEN, SCHAECK, KLAUS
Format: Artikel
Sprache:eng
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