Search Results - "Patricia A McCoy"

Why the ability-to-repay rule is vital to financial stability by McCoy, Patricia A, Wachter, Susan M

“…Following the 2008 financial crisis, Congress required residential mortgage lenders to make a reasonable determination of borrowers' ability to repay before…”
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THE MACROPRUDENTIAL IMPLICATIONS OF THE QUALIFIED MORTGAGE DEBATE by McCoy, Patricia A, Wachter, Susan M

“…In January 2021, the Consumer Financial Protection Bureau (CFPB or Bureau) will face a decision: renew its special definition for Qualified Mortgages (QMs)…”
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The consumer financial protection bureau: Financial regulation for the twenty-first century by Leonard J Kennedy, Patricia A McCoy, Ethan Bernstein

“…After existing regulatory systems failed to prevent the recent financial crisis, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act,…”
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Rethinking Disclosure in a World of Risk-Based Pricing by McCoy, Patricia A

“…The residential mortgage market in the United States has changed significantly since the passage of current federal mortgage disclosure laws in the 1960s and…”
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The Faulty Foundation of the Draft Restatement of Consumer Contracts by Levitin, Adam J, Kim, Nancy S, Kunz, Christina L, Linzer, Peter, McCoy, Patricia A, Moringiello, Juliet M, Renuart, Elizabeth A, Willis, Lauren E

“…Professor Gregory Klass's replication study of the Draft Restatement of the Law of Consumer Contract's empirical analysis of privacy policies found troubling…”
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Turning a Blind Eye: Wall Street Finance of Predatory Lending by Engel, Kathleen C, McCoy, Patricia A

“…Analyzes the securitization of subprime residential mortgages to show how negative externalities from securitization are not necessarily limited to…”
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A tale of three markets: The law and economics of predatory lending by Engel, Kathleen C, McCoy, Patricia A

“…Predatory lending - exploitative high-cost loans to naive borrowers - has dominated the headlines in recent years and has sent foreclosure rates soaring. There…”
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State and local anti-predatory lending laws: The effect of legal enforcement mechanisms by Bostic, Raphael W., Engel, Kathleen C., McCoy, Patricia A., Pennington-Cross, Anthony, Wachter, Susan M.

“…Subprime mortgage lending has grown rapidly and so has enactment of state anti-predatory lending laws. Our analysis suggests that anti-predatory lending laws…”
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Mortgage Product Substitution and State Anti-predatory Lending Laws: Better Loans and Better Borrowers? by Bostic, Raphael, Chomsisengphet, Souphala, Engel, Kathleen C., McCoy, Patricia A., Pennington-Cross, Anthony, Wachter, Susan

“…Mounting foreclosures and disclosures of abusive lending practices led many states to adopt new anti-predatory lending (APL) laws. Researchers have examined…”
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The Home Mortgage Disclosure Act: A Synopsis and Recent Legislative History by McCoy, Patricia A.

“…This article describes the provisions of the federal Home Mortgage Disclosure Act (HMDA), tracing its legal evolution since 1989, when Congress expanded HMDA…”
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Predatory lending: What does Wall Street have to do with it? by Engel, Kathleen C., McCoy, Patricia A.

“…In this article, we examine the contention that the secondary market will exert sufficient market discipline to drive predatory home loan lenders from the…”
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HAS THE MORTGAGE PENDULUM SWUNG TOO FAR? REVIVING ACCESS TO MORTGAGE CREDIT by Mccoy, Patricia A

“…In the wake of the financial crisis, mortgage lending to lower-income and minority borrowers overcorrected and has not recovered. Although homeownership is a…”
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A Tale of Three Markets Revisited by Engel, Kathleen C, McCoy, Patricia A

“…Susan Wachter's and Elizabeth Renuart's comments on A Tale of Three Markets: The Law and Economics of Predatory Lending highlight two phenomena that are…”
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DEGREES OF INTERMEDIATION by McCoy, Patricia A

“…Disintermediation commands attention because it is dramatic and rare in highly industrialized economies, evoking images of bank runs and start-up funding…”
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WHY CYCLICALITY MATTERS TO ACCESS TO MORTGAGE CREDIT by Mccoy, Patricia A, Wachter, Susan M

“…Virtually no attention has been paid to the problem of cyclicality in debates over access to mortgage credit, despite its importance as a driver of tight…”
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Levers of Law Reform: Public Goods and Russian Banking by McCoy, Patricia A

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Keeping tabs on financial innovation: product identifiers in consumer financial regulation by Carpenter, Daniel, McCoy, Patricia A

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THE CONSUMER FINANCIAL PROTECTION BUREAU: FINANCIAL REGULATION FOR THE 21ST CENTURY by Kennedy, Leonard J, McCoy, Patricia A, Bernstein, Ethan

“…After existing regulatory systems failed to prevent the recent financial crisis, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act,…”
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The Impact of State Antipredatory Lending Laws: Policy Implications and Insights by RAPHAEL W. BOSTIC, KATHLEEN C. ENGEL, PATRICIA A. McCOY, ANTHONY PENNINGTON-CROSS, SUSAN M. WACHTER

“…The subprime mortgage market, which consists of high-cost loans designed for borrowers with weak credit,¹ has grown tremendously over the past ten years…”
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Guest editors’ introduction by McCoy, Patricia A., Wyly, Elvin K.

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