reduce debtors' mortgage payments, i.e., introducing "cram-down" of mortgages in Chapter 13. <br> <br>We find that 96% of … Chapter 13 filers are homeowners and 79% of filers repay mortgage debt in their repayment plans; while just 9% of filers repay …

This paper investigates the impact of lower mortgage rates on household balance sheets and other economic outcomes … loans, which constitute the vast majority of U.S. mortgage borrowers. Relying on variation in the timing of resets of … adjustable rate mortgages, we find that a sizable decline in mortgage payments ($150 per month on average) induces a significant …

housing boom accelerated, fueled by rapid growth in mortgage lending. There is deep disagreement about how, or even if …-prone, which made the mortgage market fragile. Consistent with our theory, the re-emergence of privately-securitized mortgages has …

In this paper, we explore dynamic changes in the capitalization of sea level rise (SLR) risk in housing and mortgage … reconcile these patterns, as we show that both all-cash and mortgage-financed purchases have similarly contracted, with little …

-to-value levels and permissive mortgage approvals. We revisit the standard user cost model of housing prices and conclude that the …

In this paper we examine the relationship between homeowners' bankruptcy decisions and their mortgage default decisions …

substantiates both supply and demand effects of past price trends in housing markets, particularly with respect to subprime mortgage …