Doviak, Eric; MacDonald, Sean - Volkswirtschaftliche Fakultät, … - 2011
Since February 2010, detailed information on every home mortgage default and foreclosure in New York State must be … make a defaulted borrower more (or less) likely to enter the foreclosure process. Our analysis of the NYSBD data suggests … that borrowers in default who took larger loans are more likely to progress to foreclosure. It also suggests that reducing …