The Impact of the 2008 Financial Crisis and Regulation Reforms on Acceptance rate of Mortgage Loan：Evidence from the Effect of Capital and Liquidity

• Main Authors: Ting-Hsuan Hsu, 許庭瑄
• Other Authors: 劉啟群
• Format: Others
• Language: en_US
• Published: 2018
• Online Access: http://ndltd.ncl.edu.tw/handle/d474y3

碩士 === 國立臺灣大學 === 會計學研究所 === 106 === The 2008 financial crisis led to the passage of a series of regulations, such as the Dodd–Frank Act and Basel III reforms. To study the effect of the 2007–2009 financial crisis and the effect of the regulation reforms on acceptance rate of mortgage loan, I use the data under the Home Mortgage Disclosure Act (HMDA) from 2004 to 2015. I find that relative to the pre-crisis period, the magnitude of bank capital ratio is more positively related to the acceptance rate of mortgage loan in the post crisis periods, while the magnitude of bank liquidity ratio is more negatively related to the acceptance rate of mortgage loan in the post crisis periods. This results suggest that after the financial crisis, acceptance rate of mortgage loan may be restricted by the banks themselves and by the regulations.