Staff Working Papers

Views expressed in these papers are those of researchers and authors and do not necessarily represent policies or positions of OFHEO or other officers, agencies, or instrumentalities of the U.S. Government.

Staff Working Papers

• Paper 08-2 Enterprise Credit Default Swaps and Market Discipline: Preliminary Analysis (July 2008)
• Paper 08-1 Real Estate Futures Prices as Predictors of Price Trends (January 2008)
• Paper 07-5 Zero Down Payment Mortgage Default (August 2007)
• Paper 07-4 Signals from the Markets for Fannie Mae and Freddie Mac Subordinated Debt (June 2007)
• Paper 07-3 Subordinated Debt Issuance by Fannie Mae and Freddie Mac (June 2007)
• Paper 07-2 Home Improvements and Appreciation Rates Reflected in the OFHEO House Price Index (June 2007)
• Paper 07-1 Securitized Jumbo Mortgages: 1986 - 2005 (June 2007)
• Paper 06-1 Removing Appraisal Bias from a Repeat-Transactions House Price Index: A Basic Approach" (February 2006)
• Paper 04-2 Measurement of the Bid-Ask Spread in Equity Option Markets (January 2004)
• Paper 04-1 The Value of Foreclosed Property: House Prices, Foreclosure Laws, and Appraisals (January 2004)
• Paper 03-6 Earnings Management During Distinct Periods of Capital Demand: Evidence from Japanese Banks (December 2003)
• Paper 03-5 A Discrete Choice Approach to Measuring Competition in Equity Option Markets (December 2003)
• Paper 03-4 Market Discipline of Fannie Mae and Freddie Mac: How Do Share Prices and Debt Yield Spreads Respond to New Information? (December 2003)
• Paper 03-3 Aggregation Bias and the Repeat Sales Price Index (December 2003)
• Paper 03-2 Drawing Inferences about Housing Supply Elasticity from House Price Responses to Income Shocks (December 2003)
• Paper 03-1 Subprime & Prime Mortgages: Loss Distributions (May 2003)
• Paper 02-2 Alternative Methods of Increasing the Precision of Weighted Repeat Sales House Prices Indices (May 2002)
• Paper 02-1 Patterns of Default and Prepayment for Prime and Nonprime Mortgages (March 2002)