lukestein’s avatarlukestein’s Twitter Archive—№ 11,600

    1. …in reply to @AYBodnaruk
      @AYBodnaruk @AnthonyLeeZhang Seems like this kind of advantage (seller vs the bank) is also on the info side. Especially if it’s costly to collect info about collateral quality but lenders compete so can’t pass these along, and/or lenders are pricing in significant adverse selection. cc @stroebel_econ JF
  1. …in reply to @lukestein
    @AYBodnaruk @AnthonyLeeZhang @stroebel_econ In case reference was inscrutable doi.org/10.1111/jofi.12288 (I believe there it’s not literally seller financing, but the seller partners with a bank)