hospital and emergency room visits from four states that were among the hardest hit by the foreclosure crisis. We find that …

mortgages. Bankruptcy and foreclosure similarly may be either substitutes or complements. In fact we show that both … foreclosure rates raise homeowners' probability of foreclosure. We provide estimates of the size of these effects. The paper …

lending. According to these findings, re-introducing strip-down of mortgages in bankruptcy as a foreclosure-prevention program …

This paper documents that the time required to initiate and complete a home foreclosure rose from about 9 months on … changes as foreclosure delay. We also document that many borrowers who are in foreclosure ultimately exit foreclosure and keep … their homes by making up for missed mortgage payments. We analyze the impact of foreclosure delay on the U.S. labor market …

reinterpretation of the U.S. foreclosure crisis as more of a prime, rather than a subprime, borrower issue. Moreover, traditional … mortgage default factors associated with the economic cycle, such as negative equity, completely account for the foreclosure …

. Comparing zip codes close to state borders with differing foreclosure laws, we show that foreclosure propensity and housing … scores, income, or education levels. The increase in foreclosure rates in non-judicial states persists for at least five …

We evaluate laws designed to protect borrowers from foreclosure. We find that these laws delay but do not prevent …. We find that the right-to-cure law lengthens the foreclosure timeline but does not lead to better outcomes for borrowers …

This paper takes a skeptical look at a leading argument about what is causing the foreclosure crisis and distills some … and empirical evidence supporting the hypothesis that the efficiency of foreclosure for investors is a more plausible …