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  • All HBS Web  (76)
    • News  (11)
    • Research  (60)
  • Faculty Publications  (35)

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  • All HBS Web  (76)
    • News  (11)
    • Research  (60)
  • Faculty Publications  (35)
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  • 20 Sep 2011
  • First Look

First Look: September 20

innovation in clusters should account for these links. Securitization without Adverse Selection: The Case of CLOs Authors:Effi Benmelech, Jennifer Dlugosz, and Victoria Ivashina Publication:Journal of Financial Economics (forthcoming)... View Details
Keywords: Sean Silverthorne
  • 28 Jul 2009
  • Research Event

Business Summit: Real Estate

United States, the real estate market faces reduced cash flows and significant re-pricing. The housing market must bottom out before a recovery in the real estate sector can begin. Expiring loans will have to be dealt with. The real estate crisis is a global problem.... View Details
Keywords: Re: Howard H. Stevenson; Construction; Real Estate
  • 12 Nov 2014
  • Op-Ed

A Challenge to the New Congress: Pass Housing Finance Reform

communities. In this new system, there is broad agreement across party lines that we must maintain a commitment to support affordable housing for working families, including funds for low-income rental initiatives. We need a common View Details
Keywords: by Nicolas Retsinas & Rob Couch; Construction; Real Estate
  • 24 Feb 2011
  • Research & Ideas

What’s Government’s Role in Regulating Home Purchase Financing?

changing nature of housing finance and its increasing reliance on less-regulated securitization markets. "As we move to greater reliance on private mortgage credit it will be important to combine such privatization with better... View Details
Keywords: by Sean Silverthorne; Financial Services
  • 29 May 2008
  • Research & Ideas

Global Change in the Built Environment

class because of its large component of current income and cash flow. The three big trends in the industry are securitization, globalization, and environmentalism. The securitization markets on both the debt and equity sides are being... View Details
Keywords: by Arthur Segel; Construction; Real Estate
  • 06 Dec 2011
  • First Look

First Look: Dec. 6

achieve better outcomes in competitive contexts.   Working PapersAre There Too Many Safe Securities? Securitization and the Incentives for Information Production Authors:Samuel G. Hanson and Adi Sunderam Abstract We present a model that... View Details
Keywords: Sean Silverthorne
  • 13 Jan 2015
  • First Look

First Look: January 13

employee confusion about or neglect of the tax properties of Roth balances and (2) partition dependence. Download working paper: http://www.nber.org/papers/w20738 The Rise and Fall of Demand for Securitizations By: Chernenko, Sergey,... View Details
Keywords: Sean Silverthorne
  • 31 Oct 2016
  • Research & Ideas

Quantitative Easing Didn’t Ease the Housing Crisis for the Neediest

which guarantee and securitize mortgage loans on the secondary market. Those guidelines include the size of the loan (currently a maximum of $417,000 for a single family home in most US cities); the amount of home equity relative to the... View Details
Keywords: by Carmen Nobel
  • 08 Nov 2016
  • First Look

November 8, 2016

reached a scale of approximately $150 million of funds in use for receivable purchases, the co-founders planned to tap into the securitization market for capital by issuing asset-backed securities (ABS), collateralized by a pool of... View Details
Keywords: Sean Silverthorne
  • 16 Feb 2016
  • First Look

February 16, 2016

funds' holdings of securitizations to examine which investors are susceptible to such boom-time thinking. We show that firsthand experience plays a key role in shaping investors' beliefs. During the 2003–2007 mortgage boom, inexperienced... View Details
Keywords: Sean Silverthorne
  • 21 Jul 2014
  • Research & Ideas

Is a Gap in Small-Business Credit Holding Back the American Economy?

report a net credit gain of $25,000. Third, the data only includes small business loans on the balance sheets of banks, not loan originations. This means that loans which have been securitized will not be counted. The Banking Industry... View Details
Keywords: by Karen Mills; Manufacturing
  • 16 Apr 2019
  • First Look

New Research and Ideas, April 16, 2019

launch in Charlotte, North Carolina, which prompted urgent strategic questions. Among them was the appropriate funding model—whether Ribbon should be mainly a platform for others to fund transactions, or should it buy and hold homes on its balance sheet, which it could... View Details
Keywords: Dina Gerdeman
  • 21 Jan 2009
  • First Look

First Look: January 21, 2009

Chartered Accountant 57, no. 6 (December 2008) Abstract This article gives a brief overview of the causes and consequences of the current global credit crisis. The article then discusses the benefits and potential drawbacks of real estate loan View Details
Keywords: Martha Lagace
  • 09 Jan 2006
  • Research & Ideas

Rebuilding Commercial Real Estate

every major Wall Street firm has become active in real estate private equity. "Morgan Stanley alone has gone from zero dollars under management to almost $40 billion over the past fifteen years," says Slaughter. Securitized debt... View Details
Keywords: by Roger Thompson; Construction; Real Estate
  • 29 Apr 2013
  • Research & Ideas

Are First-Time Buyers Left Out of Real Estate’s Rebound?

mortgage market today, ninety-five percent of all mortgage loans are guaranteed, insured, or securitized by the US government, which is obsessed with not losing money on these guarantees. And the way the government does not lose money is... View Details
Keywords: Construction; Real Estate
  • 15 Feb 2011
  • First Look

First Look: Feb. 15

following an eight-week search. Purchase this case:http://cb.hbsp.harvard.edu/cb/product/411056-PDF-ENG A Slice of the Pie: Ruby Collins and Tenants in Common John D. Macomber and Kristian PetersonHarvard Business School Case 211-008 A View Details
Keywords: Sean Silverthorne
  • 04 Dec 2012
  • First Look

First Look: December 4

Business Review 90, no. 12 (December 2012) Abstract An abstract is unavailable at this time. Read the article: http://hbr.org/2012/12/the-microwork-solution/ar/1 Are There Too Many Safe Securities? Securitization and the Incentives for... View Details
Keywords: Carmen Nobel
  • 04 Aug 2014
  • Op-Ed

Why Small-Business Lending Is Not Recovering

development of general standards for assessing applicants for small business loans and have increased costs of evaluating such loans. Moreover, the heterogeneity of small business loans has made it difficult to securitize and sell pools... View Details
Keywords: by Karen Mills; Banking; Financial Services
  • 30 Jul 2013
  • First Look

First Look: July 30

through ratings of securitized products and sovereign debt. It further describes changes already enacted by the U.S. and the EU, as well as other reform proposals considered by lawmakers. Purchase this case:... View Details
Keywords: Anna Secino
  • 03 Mar 2009
  • First Look

First Look: March 3, 2009

actually far riskier than originally advertised. We examine how the process of securitization allowed trillions of dollars of risky assets to be transformed into securities that were widely considered to be safe. We highlight two features... View Details
Keywords: Martha Lagace
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