Things from the Internet

The Role of Technology in Mortgage Lending

This is not my paper, the full paper can be found here: https://academic.oup.com/rfs/article/32/5/1854/5427780 Technology-based (“FinTech”) lenders increased their market share of U.S. mortgage lending from 2 percent to 8 percent from 2010 to 2016. Using market-wide, loan-level data on U.S. mortgage applications and originations, we show that FinTech lenders process mortgage applications about 20 percent …

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Mortgages on Blockchain- a working Proto-type using Hyperledger Fabric From the Medium Page of Raj Shimpi.

Raj Shimpi Feb 15, 2018 · 6 min read Background Mortgage industry has been around for a long time but has not improved its end to end mortgage application processing times. This is due to the archaic technology and processes still followed by the parties involved in the mortgage food-chain. Currently it takes on an average of 40+ …

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The Wetherspoons Effect: Houses near British favourite sell for less

April 11, 2019 | 4 min read Original link and Credit -> https://mojomortgages.com/learn/article/the-wetherspoons-effect Houses within walking distance of a Wetherspoons sell for 27% less than the local average, we’ve discovered.We’ve all heard of the Waitrose Effect, which sees property near one of the up-market stores boosted by as much as £36,000 – with this in …

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When Climate Change Leads to Mortgage Defaults

Simple steps to make sure lenders and homebuyers — not taxpayers — bear the risk. By Matthew E. Kahn and Amine Ouazad3 October 2019, 13:00 BST Rising risk of default. Photographer: Chip Somodevilla/Getty Images Matthew E. Kahn is a Bloomberg Distinguished Professor of economics and business and the director of the 21st Century Cities Initiative …

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Trial, error, and the God complex

What I’m watching —Trial, error, and the God complex, a TED talk by Tim Harford (@TimHarford). Official description: “Economics writer Tim Harford studies complex systems—and finds a surprising link among the successful ones: they were built through trial and error. In this sparkling talk from TEDGlobal 2011, he asks us to embrace our randomness and start …

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