Curtis, Quinn - In: The Journal of Real Estate Finance and Economics 49 (2014) 3, pp. 303-328
Foreclosure procedures in some states are considerably swifter and less costly for lenders than in others. In light of … the foreclosure crisis, an empirical understanding of the effect of foreclosure procedures on the mortgage market is … critical. This study finds that lender-favorable foreclosure procedures are associated with more lending activity in the …