Caplin, Andrew; Tracy, Joseph; Cororaton, Anna - National Bureau of Economic Research (NBER) - 2012
We produce first results on the sustainability of homeownership for recent (2007-2009) FHA-insured borrowers. More than 15 percent of these borrowers have already been 90 days or more delinquent, while less than 7 percent have completed their graduation to sustainable homeownership by finally...