Yan Nang, Peck; Har Neo, Poh; Eng Ong, Seow - In: Journal of Property Investment & Finance 21 (2003) 6, pp. 411-434
Foreclosure risk is a key concern to lenders of real estate mortgages. Using auction data, this study provides the first analysis of mortgage foreclosure in Singapore by examining how macro‐economic variables affect the probability of foreclosure. The foreclosure rate for properties is found...