the Federal Home Ownership and Equity Protection Act (HOEPA) by including home purchase and open-end mortgage credit, by … the flow and cost of credit"--Federal Reserve Bank of St. Louis web site … applications and rejections, while having little impact on the flow of credit and only a modest impact on interest rates. However …

whether delinquency has any predictive power of the future performance of a mortgage. Using a sample of subprime mortgages …"--Federal Reserve Bank of St. Louis web site …

literature recognizes the substantial lag between the time that a borrower stops making payments on a mortgage and the … default are sensitive to current economic conditions and housing markets. Credit scores and loan characteristics also play … important roles"--Federal Reserve Bank of St. Louis web site …