We assess the credit market impact of allowing mortgage "strip-down" as a foreclosure-prevention measure, where strip …-down reduces the principal of underwater residential mortgages to the current market value of the property for homeowners in … effective foreclosure-prevention program, because it would have only small and transient effects on the supply of mortgage loans. …

The aim of the study is to explain if the foreclosure effect on prices is explained by a lower quality of foreclosed … estimate the impact of foreclosure on home prices in Florida and Indiana from 2000 to 2008. We employ a model of housing demand …-specific quality explains the vast majority of the foreclosure effects on house prices. Our results also show that foreclosed homes in …

, barriers to entry, and foreclosure – were applied over time and across different dimensions such as the geographic market … foreclosure. These patterns are not changing over time. The role of the structural indicators in explaining competitive concerns …

evidence used. The introduction of the new Merger Regulation in 2004, which led to a change in the substantive test, also … vertical Theories of Harm focusing on foreclosure issues are now much more common and are a standard tool in most in …

Authorities often lack information for efficient regulation of the commons. This paper derives a criterion comparing …