The recent boom-bust episode in home values was accompanied by an equally striking boom-bust pattern in the volume of mortgage-backed security issuances. My recent research focuses on understanding... Read More

For decades U.S. housing policy has focused on promoting homeownership. But has the policy worked? Is it a worthwhile policy goal? And what does it cost U.S. taxpayers?  My analysis, published by... Read More

The U.S. economy recently experienced one of the worst financial and economic crises since the Great Depression. The crisis was triggered by a collapse of the bubble in residential real estate markets... Read More

By Erwan Quintin, Assistant Professor of Real Estate at the Wisconsin School of Business At a time where a wall of cash is sitting on the sidelines looking for yield, mortgage REITs have garnered a... Read More