of the events of fulfilling, delinquency and default of each individual payment on the loan. The proposed model has …

developed a model with heterogeneous agents and an active interbank market, characterized by an endogenous default probability …. The key feature of the analysis is that the probability of default evolves endogenously and is taken into account by banks …, of their surplus funds on loans to other financial institutions, if the probability of default is high enough, preferring …

Since February 2010, detailed information on every home mortgage default and foreclosure in New York State must be … default. After controlling for other factors, we find that the interest rates charged to black and Latino borrowers tended to … tend to default at a higher rate, but other factors, such as the tendency of black and Latino borrowers to take out larger …

Since February 2010, detailed information on every home mortgage default and foreclosure in New York State must be … that borrowers in default who took larger loans are more likely to progress to foreclosure. It also suggests that reducing …