| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14918 |
| DP14918 The Geography of Mortgage Lending in Times of FinTech | |
| Christoph Basten; Steven Ongena | |
| 发表日期 | 2020-06-23 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | How does banks’ geographical footprint change when a FinTech platform allows offering mortgages to regions without branch presence? Unique data on responses from different banks to each household yield three salient findings: First, banks offer 4% more often and 6 basis points cheaper when markets have high versus low concentration, implying more profitable follow-on business. Second, they offer 2% more often and 2 bps cheaper when unemployment or house price growth in the applicant’s state are one standard deviation less correlated with those at home, improving portfolio diversification. Third, these offers are increasingly automated, using available hard information more efficiently. |
| 主题 | Financial Economics |
| 关键词 | Mortgage lending Spatial competition Credit risk diversification Banking automation Fintech Online pricing Bartik instrument Pandemic |
| URL | https://cepr.org/publications/dp14918 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543860 |
| 推荐引用方式 GB/T 7714 | Christoph Basten,Steven Ongena. DP14918 The Geography of Mortgage Lending in Times of FinTech. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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