...Raymond Y.C. Tse Shows that loan loss expectation plays an important role in determining credit rationing. Shows that the optimal loan size depends on the marginal loan loss, and not on the initial portfolio position of the bank. While an increase in loan administrative costs leads to a larger...

... in housing demand may not affect aggregate mortgage availability within a short period of time. However, as an increase in housing demand makes more permanent contributions to house prices, the higher housing prices will be increasingly translated into higher mortgage flows in the long run. Credit Hong...

...Nadine Tournois Surveys developments in legislation governing real estate transactions in France. Offers a brief analysis of the principal legal entities available and the forms of marketing for which they provide. Examines the various customary and specific forms of credit available. Deals...