the Federal Home Ownership and Equity Protection Act (HOEPA) by including home purchase and open-end mortgage credit, by …

whether delinquency has any predictive power of the future performance of a mortgage. Using a sample of subprime mortgages …

literature recognizes the substantial lag between the time that a borrower stops making payments on a mortgage and the …

Through a purely positive lens, we study and document the growing trend of mortgagors who skip mortgage payments as an …, we capture this behavior by treating both delinquency and foreclosure not as one period events, but rather as protracted … conservative parameterization, we find that the observed foreclosure delays increase the unemployment rate by an additional 1 …