Regulatory Spillovers in Local Mortgage Markets
(2022)
Journal Article
Lim, I., Nguyen, D., & Nguyen, H. (2024). Regulatory Spillovers in Local Mortgage Markets. The Review of Corporate Finance Studies, 13(3), 775–817. https://doi.org/10.1093/rcfs/cfac035
We document novel evidence on the spillover effect of a corporate control regulation on local mortgage markets. We find that banks directly targeted by the Sarbanes-Oxley Act (SOX) to rectify their internal control weaknesses reduce mortgage originat... Read More about Regulatory Spillovers in Local Mortgage Markets.