Mortgage Market - Publications - Faculty & Research

15 May 2007
First Look

First Look: May 15, 2007

the industry and dominated it for nearly 20 years, the well-respected company faces a bevy of new entrants from the banking, mortgage finance, and insurance sectors. In particular, management must decide how to respond to an aggressive... View Details

Keywords: Martha Lagace

04 Oct 2016
First Look

October 4, 2016

extraction, and increased refinancing mortgagors’ consumption by an additional $76 billion. This de facto allocation of credit across mortgage market segments, combined with sharp bunching around GSE... View Details

31 Jan 2012
First Look

First Look: Jan. 31

relations. Read the paper: http://www.people.hbs.edu/mnorton/norton mason vandello biga dyer.pdf Toward a Three-Tier Market for U.S. Home Mortgages Authors:Robert C. Pozen Publication:Chap. 3 in The Future... View Details

Keywords: Sean Silverthorne & Carmen Nobel

29 Apr 2015
Lessons from the Classroom

Use Personal Experience to Pick Winning Stocks

Let's face it: in most cases, the stock market knows what it's doing. With millions of people performing their homework and investing money in stocks they hope will pay off, it's hard for any one person to beat the View Details

Keywords: by Michael Blanding; Financial Services

18 May 2017
News

Pioneer Spirit

secretary has continued to be a blessing, as I’ve been in the middle of communications between members of our class and HBS for the past 40 years.” Freeman returned to the company after HBS, but after five years decided to put the knowledge he had gained to use in the... View Details

Keywords: Constantine von Hoffman

08 Feb 2018
Op-Ed

What’s Missing From the Debate About Trump’s Tax Plan

the free market should be given greater room to run unfettered, while the government’s role in the economy should be diminished. Trimming taxes on high-income households, minimizing the estate tax, and substantially cutting corporate... View Details

Keywords: by Matthew Weinzierl

01 Dec 2018
News

Ask the Expert: Gimme Shelter

of the nonprofit developer Hello Housing, points out that these people are critical to healthy communities: “Some portion of the housing market has to be free from speculation to ensure there’s a place for the people who are supporting... View Details

Keywords: Jen McFarland Flint

05 May 2003
Research & Ideas

How Bank of America Turned Branches into Service-Development Laboratories

followed a detailed five-step process. The critical first step was coming up with ideas for possible experiments and then assessing and prioritizing them. Ideas were submitted by team members and by branch staff and were often inspired by reviews of past... View Details

Keywords: by Stefan Thomke; Banking; Financial Services

21 Dec 2009
Research & Ideas

Good Banks, Bad Banks, and Government’s Role as Fixer

the primary regulator of every systemically risky institution is just not practical. That means it would need to be an expert on money market funds, hedge funds, and life insurance companies as well as banks. Second, if you identify an... View Details

Keywords: by Roger Thompson; Banking; Financial Services

02 Nov 2009
Research & Ideas

Shareholders Need a Say on Pay

objective function from government in that sense." Ferri points out that when the economy was doing well, for example, shareholders had a healthy appetite for the sort of risk-taking that contributed to the subprime mortgage crisis.... View Details

Keywords: by Julia Hanna; Financial Services

07 Aug 2009
What Do You Think?

Why Can’t Americans Get Health Care Right?

that it will require Government subsidy while providing price leadership under a nonprofit cover, will over time drive most if not all health care to the public option (as happened with home mortgage giants Fannie Mae and Freddie Mac),... View Details

Keywords: by Jim Heskett; Health

01 Dec 2008
News

Business at the Summit

Depression. As 2,000 alumni convened on campus Monday, October 13, the U.S. stock market soared to its biggest one-day numerical gain since 1933, following on the heels of an 18 percent decline the previous week, the worst such drop in... View Details

Keywords: leadership; alumni events; Centennial; Business Schools & Computer & Management Training; Educational Services; Finance; Management

30 Nov 2016
Op-Ed

Where Could More Regulation Help Small Businesses? Online Lending.

addressable market of $280 billion. That’s music to the ears of small businesses. Indeed, our research shows a sizeable credit gap exists for small businesses, particularly for loans under $100,000, which is the size that over 60 percent... View Details

Keywords: by Karen Mills and Brayden McCarthy; Financial Services

19 Sep 2011
Research & Ideas

Doomsday Coming for Catastrophic Risk Insurers?

chance of a Greek or Italian default today or the risks in the mortgage market in the United States viewed from the perspective of 2006." A Peek To The Future What fate befalls policyholders should... View Details

Keywords: by Maggie Starvish; Financial Services

07 Sep 2007
What Do You Think?

Are Elite Business Schools Fostering the Deprofessionalization of Management?

explanation was offered most provocatively by Tony Wanless, who commented that "B-schools are university cash cows, and the only way to justify their fees is to go where the mass market wants it to go. So they concentrate on what... View Details

Keywords: by Jim Heskett

07 Feb 2017
First Look

First Look at New Research: February 7

equities given recent reforms and to evaluate the investment approach of Misaki Capital. Purchase this case:https://cb.hbsp.harvard.edu/cbmp/product/117007-PDF-ENG Harvard Business School Case 417-049 Canada Mortgage and Housing... View Details

Keywords: Sean Silverthorne

10 Aug 2011
Research & Ideas

HBS Faculty Views on Debt Crisis

When Standard & Poor's Rating Services lowered its long-term sovereign credit rating on the United States from AAA to AA+ on August 5, it was a shot heard 'round the world. Stock markets plummeted, investors covered their eyes,... View Details

Keywords: by Staff

09 Aug 2016
First Look

August 9, 2016

economic activity? This paper exploits the federal preemption of national banks in 2004 from local laws against predatory lending to gauge the effect of the supply of credit on the real economy. Specifically, we exploit the heterogeneity in the View Details