% of the U.S. mortgage market. Exploiting within-servicer variation in these data, we find that bank-held loans are 26% to …

The meltdown in residential real-estate prices that commenced in 2006 resulted in unprecedented mortgage delinquency … study these methods - liquidation, repayment plans, loan modification, and refinancing - and analyze their effectiveness. We … following modifications. While modification terms are more favorable for weaker borrowers, greater reductions in mortgage …

In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale … mortgage distress on house prices. …

done to stop it. We use an economic model to focus on two key decisions: the borrower's choice to default on a mortgage and … illustrate that unaffordable loans, defined as those with high mortgage payments relative to income at origination, are unlikely …

stabilization of the homeowner’s net wealth, price the instruments, and quantify the expected decrease in the mortgage default risk …

mortgage finance. We describe the special features of these two companies and their roles in the mortgage markets. We then …

This paper examines two major forces that may soon increase competition in the U.S. secondary conforming mortgage … market: 1) the expansion of Federal Home Loan Bank mortgage purchase programs, and 2) the adoption of revised risk …

-risk' mortgage applicants acquiring or refinancing properties in 10 specific zip codes to submit loan offers from state …We explore the effects of mandatory third-party review of mortgage contracts on the terms, availability, and … performance of mortgage credit. Our study is based on a legislative experiment in which the State of Illinois required 'high …