Federal ID: 91-6001537
ISSN: 0022-1090 (Print) | 1756-6916 (Online)
The Industry Expertise Channel of Mortgage Lending
Yongqiang Chu, Zhanbing Xiao, and Yuxiang Zheng ♦ We show that banks use industry knowledge acquired through corporate lending in mortgage lending, a phenomenon we refer to as the “industry expertise channel.” Specifically, we find that banks that specialize in…