Social Sciences
5 years ago

Mortgage insurance deductibles ineffective in curbing housing market risks.

SSRN Electronic Journal
Mortgage Insurance Deductibles: An Idea Whose Time Hasn't Come
Thorsten V. Koeppl, James MacGee

Paper Summary

Related papers

Economics, Econometrics and Finance
3 years ago

Private institutions revolutionize mortgage market, paving way for affordable housing.

Financialization
Credit Expansion
3 views
Theme background image
Social Sciences
4 years ago

Government urged to scale back role in mortgage markets to reduce risks.

Border Security
1 view
Economics, Econometrics and Finance
8 years ago

FHA mortgage insurance outperforms private options, aiding underserved populations post-recession.

Credit Expansion
Financialization
Retirement Planning

The article discusses the idea of introducing deductibles for mortgage insurance to reduce risks in the housing market. The researchers argue that this approach may not be effective in addressing the issue of high-risk borrowers getting loans. They suggest that a better solution would be to adjust the pricing of mortgage insurance based on the borrower's individual risk factors.