Voicu, Ioan; Jacob, Marilyn; Rengert, Kristopher; Fang, … - In: The Journal of Real Estate Finance and Economics 45 (2012) 4, pp. 939-964
This paper examines default outcomes for subprime first lien loans during the recent subprime mortgage boom. It conducts this investigation in two phases. The paper first examines factors associated with pre-foreclosure outcomes for subprime mortgages in default. It then examines factors...